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,…
Cell C’s largest shareholder, Blue Label Telecoms, on Monday announced that an agreement has been reached on a major restructuring involving the mobile operator ahead of its likely (but still not confirmed) listing on the JSE in 2026. “The pre-listing restructuring encompasses various transactions aimed at optimising Cell C’s capital structure and balance sheet in…
The Competition Tribunal has given the green light to a transaction that should help advance a proposed plan to list Cell C on the JSE. The regulator on Thursday said it has given its blessing, without conditions, to a transaction that will see Cell C buying back its contract customer base from its largest shareholder,…
Blue Label Telecoms is exploring a JSE debut for Cell C as part of a broader restructuring plan. (Photograph by Lesley Moyo) The proposed separate listing of Cell C, South Africa’s fourth-largest mobile operator, on the Johannesburg Stock Exchange (JSE) could mark a pivotal moment for the debt-laden telco. It has potential to cut its…
Shenzhen Transsion Holdings, the biggest seller of mobile phones in Africa, is weighing a second listing in Hong Kong, according to people with knowledge of the matter. Transsion is in talks with advisers about an offering that could raise about US$1-billion, though the exact size, as well as timing, hasn’t been determined, the people said,…
