Cell C stands behind the value of its spectrum
Group says that based on reserve pricing from Icasa in the new invitation to apply its spectrum assets are worth more than R10bn
As Cell C, SA’s fourth-biggest mobile operator, gets ready to switch off its network in favour of using MTN’s as part of a network-sharing agreement, the company says its spectrum assets will be a big growth driver in its new operating model.
The struggling operator is implementing a new turnaround strategy that is aimed to make it profitable. Cell C has access to some lucrative spectrum, which refers to the radio frequencies on which data and information are carried. As part of its new strategy it will use MTN’s facilities with its own spectrum, in an effort to improve its network quality and greatly reduce capital expenditure. Since inception in 2001, Cell C was largely roaming on Vodacom’s network, until recently when it signed a new contract with MTN. ..