The mobile operator is shifting focus to other income streams, such as distribution of prepaid electricity
JSE-listed technology group Blue Label Telecoms, which has lost 80% of its value over the past two years, said it had returned to profit in its half year to end-November after writing off its investment in struggling mobile operator Cell C.
which has struggled to make consistent profits since it became SA’s third mobile operator in 2001. The mobile operator is grappling with a hefty debt burden.
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