Strange shift at Cell C
Cell C has denied any change in strategy, despite its latest results showing a surge in subscribers and a drop in average revenue per user.
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Cell C has negative working capital
Cell C’s current liabilities far exceed its current assets, suggesting the company remains in some financial distress and has negative working capital.
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Cell C posts R5.7bn revenue in first interim as listed group
Expects prepaid and postpaid revenues to strengthen further as network performance improves.
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Cell C’s finances are a mess
Cell C’s financial statements over the last few years are a mess, which will cause headaches for investors ahead of its listing on the Johannesburg Stock Exchange (JSE).
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Business Telecoms | Cell C | Jorge Mendes | MTN | Telkom | Vodacom
Cell C moving backwards
When Jorge Mendes took the reins at Cell C in 2023, he said they wanted to reach 15% revenue market share in South Africa. However, the company is moving backwards.