Cell C said they’re probably going to list in the next few years.— Duncan McLeod, Editor at Techcentral
Cell C has R29.6 billion in debt.— Duncan McLeod, Editor at Techcentral
How many customers does Cell C have?
On its website and other communication from the company over the past year it has claimed to have over 20 million subscribers.
Cell C now says that number has grown to 25 million.
However, a regulatory filing on Tuesday by incoming shareholder Blue Label Telecoms suggests it merely has 12.6 million subscribers.
The Money Show’s Bruce Whitfield interviewed Duncan McLeod, Editor at Techcentral.
Listen to the audio below in which McLeod tries to make sense of the discrepancy.
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JSE-listed Blue Label Telecoms - through its subsidiary The Prepaid Company - will acquire 45% of Cell C.