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…
Blue Label has achieved majority ownership of Cell C. Blue Label has finally achieved its almost decade-long goal of securing a majority stake in Cell C, South Africa’s fourth biggest mobile operator, reaching 53.57% ownership. Final approval from the Competition Tribunal concludes several regulatory hurdles for Blue Label – which is rebranding as Blu Label…
Blue Label Telecoms currently owns 49.5% of Cell C and is seeking final regulatory approval to buy an additional 4.04% stake. (Photograph by Lesley Moyo) Blue Label Telecoms has started making plans to exit Cell C through a separate JSE listing, in a complex restructuring that could result in both companies being debt-free. This morning,…
Blue Label Telecoms views Cell C CEO Jorge Mendes as an “executor”. (Photograph by Nicola Mawson) JSE-listed Blue Label Telecoms, rebranding to Blu Label Unlimited to amplify the market’s focus on its units as it spins Cell C out via a JSE listing, has admitted it failed in its initial execution of its purchase of…
Flagship Asset Management’s Philip Short Blue Label Telecoms’ share price has plunged more than a quarter in the past two days after its annual results, published on Tuesday, appeared to disappoint investors. Philip Short of Flagship Asset Management has been particularly bullish about the prospects for Blue Label, in large part because of the emerging…
JSE-listed Blue Label Telecoms has taken a decisive step in its troubled, long-running association with Cell C, reversing a multibillion-rand impairment previously recognised against its stake in the mobile operator. The move reflects a marked improvement in Cell C’s equity valuation and signals Blue Label’s confidence in the mobile operator’s recovery trajectory. The move comes…
Cell C’s Johannesburg headquarters. (Photograph by Lesley Moyo) Cell C’s precarious financial position came under the spotlight this morning, when the Competition Commission argued before the Competition Tribunal. At a hearing, the commission argued that the plan for Blue Label Telecoms to acquire control of the operator would effectively throw the country’s fourth-largest mobile network…
