Cell C faces competition complaint
The Wireless Application Service Providers’ Association (Waspa) resolved at its annual general meeting on Thursday to file a complaint against mobile operator Cell C at the Competition Commission over alleged favouritism that industry players say is destabilising the industry. Waspa members
Angry Wasps attack Cell C
Mobile operator Cell C is allegedly giving Blue Label Telecoms-owned wireless application service providers (Wasps) preferential rates and services when they use its network, a move that has angered rival service providers. BulkSMS MD Pieter Streicher says the
Cell C to take market share: Blue Label
Cell C is making the right moves to shake up South Africa’s cellphone industry and to take significant market share from bigger rivals Vodacom and MTN. That’s the view of Brett Levy, co-CEO of JSE-listed prepaid airtime distributor
Two guys from Delmas
Their father’s death, at the age of just 33, played a big role in shaping the lives of brothers Mark and Brett Levy, the founders and co-CEOs of JSE-listed Blue Label Telecoms. It also gave them some of the drive they needed to thrive in business, says Mark Levy. “I was eight and Brett had just turned five
Blue Label swimming in cash
JSE-listed Blue Label Telecoms has hiked its full-year dividend by 64% to 23c/share for the 12 months ended 31 May 2012 after it brought in cash from operations of R528m. Despite spending R800m in the 2012 financial year, including buying out Microsoft’s minority
What SA’s tech CEOs earn
A analysis of the annual reports of SA’s top technology companies – those with a market capitalisation above R1bn – show that Datatec CEO Jens Montanana is the highest paid CEO, at least among companies listed on the JSE. Montanana pipped MTN Group CEO Sifiso Dabengwa to the post, earning nearly US$3m in salary
Cash-rich Blue Label eyes Mexico, India
JSE-listed telecommunications distribution specialist Blue Label Telecoms generated R795m in cash from operating activities in the six months to 30 November 2011, helping push accumulated cash resources on its balance sheet to R2,3bn and giving the company a war chest for its offshore expansion plans
Telkom faces R4bn Multi-Links damages claim
African Prepaid Services Nigeria (APSN), a now-mostly-dormant company in which JSE-listed Blue Label Telecoms has an effective 37% stake, is claiming US$481m, or about R4bn at the prevailing exchange rate, in damages from Multi-Links, Telkom’s former Nigerian
Blue Label exits Nigeria
JSE-listed Blue Label Telecoms said on Monday it has decided to terminate its business activities in Nigeria. This follows the cancellation of a contract in that country with Telkom subsidiary Multi-Links. Blue Label co-CEO Mark Levy says the decision will allow it
Blue Label wants Telkom to cough up
Blue Label Telecoms is preparing a claim to try to recover an unspecified amount of damages it says it has suffered after losing an exclusive contract with Telkom’s failed
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