Pick of the Month: Blue Label to benefit from Capitec tie-up
Cell C recapitalisation and growth in gaming and ticketing revenue open new horizons for investors
26 October 2023 - 08:00
Blue Label Telecoms might soon have its moment in the sun. There seems to be a lot more investor interest in the prepaid specialist after the recapitalisation of its biggest investment, Cell C.
As Cell C’s largest shareholder, Blue Label completed the long-awaited recapitalisation of the troubled mobile company in September 2022. South Africa’s fourth-largest mobile network operator has struggled to make a profit since it opened for business in 2001. ..
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