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Tag: insolvency

Cell C returns to profitability, despite technical insolvency
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Cell C returns to profitability, despite technical insolvency

eriinfo.com8 hours ago03 mins

Cell C announced that it has achieved profitability for the financial year ending May 31, 2025, marking a significant turnaround in its financial performance. The news was revealed in the annual results released by its owner, Blue Label Telecoms. While the mobile operator reported a net profit after tax of R2.2 billion, it remains technically…

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