Page 9 - Cell C News Today

Struggling Cell C says it has a number of new partnerships in the pipeline following a deal struck with Capitec earlier this week

Hard on the heels of the announcement that its recapitalisation efforts have been completed, South Africa operator Cell C has done a deal with Capitec, South Africa’s largest retail bank by customers, that makes Capitec the country’s latest mobile virtual network operator (MVNO).

The recapitalisation of South African mobile operator Cell C has finally been completed after years of negotiation. That’s the news from Blue Label Telecoms, the largest shareholder in Cell C, which sells innovative technology for mobile commerce to emerging markets in South Africa and abroad.

The role of the authorities, such as the Competition Commission and Icasa, is critical. They need to ensure that South Africans are getting a fair deal when it comes to buying mobile data.

Beleaguered South African operator Cell C has had a reprieve after a vote in which some lenders have agreed to take an 80% loss on their debt.

The new mother gave birth three months ago to a baby girl fathered by Bandile Mbere from Major League DJz.

The debt issues surrounding South African operator cell C are no closer to resolution, although the debtors’ meeting that we reported had been postponed has now been rescheduled.

South African operator Cell C is apparently in talks with its infrastructure partners to deploy 5G on a launch date yet to be disclosed. Cell C secured 10MHz in the 3500MHz band for ZAR288 million (about US$18.2 million) in March after South Africa’s long-awaited broadband spectrum auction finally took place.

The difference between engineered cost estimates that were vetted by third parties and...

The difference between engineered cost estimates that were vetted by third parties and...