Investors in the dark over Cell C crisis
Blue Label investors are being drip-fed information, but the company’s biggest bet – Cell C – is technically insolvent
29 August 2019 - 05:00
JSE investors, this time shareholders of Blue Label Telecoms, have got the short end of the stick once again.
Shareholders in the teetering telecoms company are understandably fuming after Blue Label failed to announce to the market that its most costly asset, the chronically loss-making telecoms operator Cell C, had missed a debt repayment in July...
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