Cell C gets a new part-owner (and a R5.5 billion cash injection)

Cell C now has a brand-new, reshaped balance sheet.

Brett Levy

JSE-listed Blue Label Telecoms has announced it is buying a 45% stake in Cell C for R5.5 billion.

The transaction will take place through its subsidiary The Prepaid Company.

The Money Show’s Bruce Whitfield interviewed Brett Levy, joint-CEO at Blue Label Telecoms.

Scroll down for more quotes from the audio below.

For us its business as usual in terms of the other networks.

Brett Levy

There’s great opportunity; it’s not saturated at all.

Brett Levy

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.

Read More
The rand is on a rampage

The rand is on a rampage

The rand is going from strength to strength. The Money Show’s Bruce Whitfield interviews Treasury One’s Andre Cilliers.

How Zambeef became Zambia's largest integrated agribusiness

How Zambeef became Zambia's largest integrated agribusiness

Nikiwe Bikitsha shares the success of a business model which includes activities as widespread as processing food and making shoes

How to successfully pass a business from one generation to the next

How to successfully pass a business from one generation to the next

Succession in a family business often fails. Aurik Business Accelerator’s Pavlo Phitidis on how to make it work…

The value of scrounging (or going into debt) to afford private school

The value of scrounging (or going into debt) to afford private school

The Money Show’s Bruce Whitfield interviews Veritas Wealth Certified Financial Planner Barry O'Mahony.

How Blu Blood is taking comedy to every corner of SA (and soon the world!)

How Blu Blood is taking comedy to every corner of SA (and soon the world!)

The Money Show’s Bruce Whitfield interviews Blu Blood cofounder Osman Osman for his weekly “ShapeShifter” feature.

5 global threats to your bank balance

5 global threats to your bank balance

The Money Show’s Bruce Whitfield interviews ETM Analytics Chief Economist George Glynos.

Popular articles
Scarcity of pilot opportunities inspires  'Hire a pilot' campaign

Scarcity of pilot opportunities inspires 'Hire a pilot' campaign

Hire a pilot campaign is an appeal to the aviation industry for more developmental programmes

Fake numbers, addresses for Chief Justice break-in suspects exposed

Fake numbers, addresses for Chief Justice break-in suspects exposed

Fifteen computers were stolen containing info about the Chief Justice, Judges and courts.

Getting to know MP, Dr Makhosi Khoza

Getting to know MP, Dr Makhosi Khoza

Dr Khoza is admired by South Africans for her role in the SABC inquiry as a ANC member of parliament.

Mystery man implicated in Chief Justice burglary 'well connected' - Times journo

Mystery man implicated in Chief Justice burglary 'well connected' - Times journo

Times journalist Stephan Hofstatter gives the lowdown on Nkosinathi Msimango, the man allegedly linked to the investigation.

Naked Scientist reveals the real cure for a hangover (and its not hot wings!)

Naked Scientist reveals the real cure for a hangover (and its not hot wings!)

Dr Chris Smith gives insights on what peaks your interest.

Afrikaans-speaking student res adamant "not exclusive"

Afrikaans-speaking student res adamant "not exclusive"

De Goede Hoop Koshuis coordinator insists this is not an 'apartheid' hostel and everyone is welcome if they meet the requirements.

No escaping the tax man even if you work outside SA

No escaping the tax man even if you work outside SA

Government is intending to change the way foreign income is taxed by introducing taxes to a large South African diaspora.

Is Uber dying? Stuff’s editor explains…

Is Uber dying? Stuff’s editor explains…

High ranking employees are resigning en masse as crisis upon crisis pummel lossmaking Uber.

Spur CEO: Man's pic will be up at restaurants and he is not welcome

Spur CEO: Man's pic will be up at restaurants and he is not welcome

Spur CEO says staff aren't equipped for this kind of customer confrontation and he will consider reviewing their training manual.