With a R9bn debt overhang, SA’s smallest mobile operator says it remains focused on its turnaround strategy
A shopper walks past a Telkom shop at a mall in Johannesburg. Picture: REUTERS/SIPHIEW SEBEKO
“Cell C remains focused on its turnaround strategy, which includes ensuring operational efficiencies, restructuring its balance sheet, implementing a revised network strategy and improving overall liquidity,” the company said in an e-mail. Following media reports on the conclusion of the agreement suggesting that it does not require any regulatory approval, the Independent Communications Authority of SA said it had requested both operators to provide it all the agreements and associated information on the roaming deal “for review and to assess compliance with the applicable law and regulations”.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Roaming agreement between Cell C and MTN under spotlight ahead of possible dealWith a R9bn debt overhang, SA’s smallest mobile operator says it remains focused on its turnaround strategy
Read more »
Roaming agreement between Cell C and MTN under spotlight ahead of possible dealWith a R9bn debt overhang, SA’s smallest mobile operator says it remains focused on its turnaround strategy
Read more »
Cell C set to reject Telkom’s bid in favour of MTN dealMobile operator says it remains focused on its turnaround strategy
Read more »
Nigerian fraudster steals R15m from maximum security prison cell | IOL NewsNigeria's EFCC is trying to work out how convicted internet fraudster managed to scam at least R15 million from Kirikiri maximum security prison.
Read more »
Roaming agreement between Cell C and MTN under spotlight ahead of possible dealWith a R9bn debt overhang, SA’s smallest mobile operator says it remains focused on its turnaround strategy
Read more »
Roaming agreement between Cell C and MTN under spotlight ahead of possible dealWith a R9bn debt overhang, SA’s smallest mobile operator says it remains focused on its turnaround strategy
Read more »