2025 marked a turning point for Cell C, says the company. 2025 marked a turning point for Cell C, with the operator focusing on stabilising its business, strengthening network partnerships and refining its strategy in a highly competitive mobile market. In an e-mail interview with ITWeb, Cell C CEO Jorge Mendes says: “We returned to…
Cell C headquarters in Midrand. (Photograph by Nicola Mawson) Cell C is set to follow the same capex-light model that it does for cellular services when it expands its fibre offerings – partnering with open access companies. CEO Jorge Mendes says the company, which turned its first profit earlier this year ahead of a 27…
Cell C is bridging the digital divide with digital labs. Cell C has handed over two new digital labs to Kagisho Combined School in the Free State and Gamagara High School in the Northern Cape, extending its programme aimed at improving digital access in underserved communities. The initiative is delivered in partnership with the Department…
Cell C’s share price moved sharply higher on its second day of trade on the JSE on Friday, closing 12.7% up at R31, as investors continued to digest the mobile operator’s long-awaited listing. Cell C Holdings listed on the JSE’s main board on Thursday under the share code “CCD” following a secondary share sale by…
Cell C CEO Jorge Mendes addresses the audience at the JSE as the telco lists. (Photograph by Nicola Mawson) As Cell C listed on the JSE this morning, almost 4 000 shares traded within minutes of the market opening, with the stock debuting at R27 – a 50c per share improvement on the final pre-listing…
Cell C listed on the JSE on Thursday, completing a multi-year turnaround that not only reshaped the business but rescued it from the jaws of business collapse. The shares began trading on Thursday under the code “CCD”, priced at R26.50, giving the operator a market capitalisation of roughly R9-billion. The shares opened at R27 apiece….
Cell C CEO Jorges Mendes unveiling the company’s new brand identity at a recent event in Johannesburg Cell C has confirmed the final pricing and outcome of its long-awaited JSE listing, marking a major milestone in the operator’s recapitalisation and restructuring efforts. The offer, which closed on 21 November, was priced at R26.50/share, raising R2.7-billion…
Cell C has significantly cut the offer price for its upcoming listing on the Johannesburg Stock Exchange (JSE), reducing its expected market capitalization by hundreds of millions of Rands. Read: Discovery Bank partners with Luno in SA for crypto trading In an update to investors on Friday, Blu Label Unlimited Group, Cell C’s largest shareholder,…
Cell C is set to list on the JSE on 27 November. (Photograph by Nicola Mawson) Cell C is on track to debut on the JSE – which ITWeb understands will be next Thursday – as planned, despite a legal challenge of a 2024 approval of a change in majority ownership. The network operator’s former…
Cell C has cut the offer price for its imminent JSE debut, trimming as much as R3.50/share off the bottom of the original range and knocking roughly R1-billion to R3-billion off its hoped-for valuation. In an update to investors on Friday, Blu Label Unlimited Group, Cell C’s largest shareholder, said it has approved a final…
