BLU’s carrying value of Cell C has dropped. (Photograph by Nicola Mawson) JSE-listed Blu Label Unlimited is set to take a R5.2 billion hit on its stake in Cell C because the value of its investment at listing was lower than the value it was carrying on its books, resulting in an accounting loss. In…
Blu Label Unlimited Group will post a massive basic earnings loss for the six months to end-November 2025, driven almost entirely by a R5.2-billion accounting hit linked to its disposal of control in Cell C – but the company is keen to draw attention to what it says is a far more meaningful picture of…
BluEnergy Trading, a subsidiary of JSE-listed Blue Label Telecoms, has been granted a multi-year energy trading licence by the National Energy Regulator of South Africa (Nersa). This landmark authorization allows the group, historically recognized for its prepaid airtime distribution and its majority stake in mobile operator Cell C, to officially buy and sell electricity. The…
Blu Label Unlimited Group’s 2025 annual report, published on Wednesday, again confirmed what has been talked in the market for months: Cell C is likely to soon find its way onto the JSE. The surprise is that the bigger story here may not be Cell C’s listing but what the move would mean for Blu…
Blu Label Unlimited Group’s 2025 annual report, published on Wednesday, again confirmed what has been talked in the market for months: Cell C is likely to soon find its way onto the JSE. The surprise is that the bigger story here may not be Cell C’s listing but what the move would mean for Blu…
Blu Label Unlimited Group could pay a special dividend to its shareholders should it be successful in its planned listing of Cell C on the JSE next year. The company, which is in the process of taking control of Cell C, has given itself until the end of April 2026 to bring the mobile operator…
In a move described as a “significant milestone”, Blu Label Unlimited Group – previously Blue Label Telecoms – has been given the green light by the Competition Tribunal to take control of mobile operator Cell C. The JSE-listed group said in a statement to investors on Thursday that The Prepaid Company – the Blu Label…
