MTN South Africa and Cell C have failed to agree on “certain matters” in their longstanding commercial relationship, and those matters will now be dealt with through the mechanisms set out in their agreement. “MTN SA and Cell C have engaged extensively on the terms of their longstanding commercial relationship but have not reached agreement…
Blu Label co-CEOs, brothers Brett and Mark Levy Blu Label Unlimited Group’s highest earner took home R36.5-million in the year to May, about 470 times the R77 400 earned by its lowest-paid permanent employee, according to pay-gap disclosures now required under the amended Companies Act. The median employee earned R495 000, so the top earner was paid…
Cell C CEO Jorge Mendes. (Image supplied) Cell C CEO Jorge Mendes has bought nearly R20.8 million worth of shares in the company in two on-market transactions. A JSE disclosure shows Mendes acquired 52 187 ordinary shares at R23 each on 17 September, for a total of R1.2 million. Four days later, on 21 September,…
Cell C CEO Jorge Mendes Cell C CEO Jorge Mendes has bought R20.8-million of shares in the company he runs, in two on-market purchases four days apart. According to a Sens announcement on Tuesday, Mendes bought 52 187 ordinary shares at R23 each on 17 September, a R1.2-million transaction, and a further 740 000 shares at R26.50…
Cell C is in active discussions with SpaceX’s Starlink and Amazon Leo to resell their satellite broadband products and explore potential direct-to-device mobile connectivity. Confirming the confidential talks, CEO Jorge Mendes framed the negotiations as part of a “network-agnostic” strategy, viewing satellite and terrestrial infrastructure as complementary layers within a consolidated “network of networks.” Read:…
Cell C is in discussions with SpaceX’s Starlink and with Amazon Leo about both reselling their satellite broadband products and a possible direct-to-device offering, CEO Jorge Mendes said. Mendes would not give details, saying the talks remain confidential. “We’re in discussions with Starlink. We’re in discussions with Amazon. We’re in discussions with everybody,” he said,…
MTN and Vodacom are structurally constrained from competing hard for mobile virtual network operator hosting business, Cell C CEO Jorge Mendes has argued, because at their market shares an aggressive wholesale push would cost them retail customers to their own wholesale clients. “If I had an 80% market share, I would not be going into…
Cell C’s second-half performance provides a clearer picture of its underlying business following the restructuring and listing transactions. (Image supplied) Cell C is targeting revenue growth in the upper-single-digit range in its 2027 financial year, after adding 1.3 million subscribers, growing wholesale revenue by about 20% and cutting net debt by 64% in its first…
Cell C’s 5G network is live and is available to customers today. CEO Jorge Mendes disclosed this in an interview with TechCentral on Friday, and only in response to a direct question. “I’m telling you this because you’re asking me the question,” he said. “Otherwise, strategically, we’ll launch it with propositions.” Any Cell C customer…
Cell C CEO Jorges Mendes Cell C’s wholesale division grew revenue 20% to R1.76-billion in the year to 31 May 2026, adding 1.2 million mobile virtual network operator subscribers. Data traffic from those MVNO users rose 131%, against 47% growth across the group as a whole. It was comfortably the strongest performance in the group….
