South Africa Firm Paves Way to List Cell C Mobile-Phone Provider

South Africa Firm Paves Way to List Cell C Mobile-Phone Provider

Blue Label Telecoms Ltd. surged to the highest in almost seven years after it proposed restructuring of its business to ultimately enable a listing of Cell C Ltd., South Africa’s fourth-largest wireless carrier.

Cell C may go public as Blue Label eyes JSE listing

Blue Label wants to list Cell C on the JSE in a push to revive the troubled telco. A debt-to-equity swap, asset transfers, and new ownership structures are at the heart of this financial reset.

Blue Label considers listing Cell C on JSE

The firm’s proposed restructure will assist in facilitating a separation and potential future listing of Cell C on the Johannesburg Stock Exchange.

Blue Label mulls separate listing for Cell C

Blue Label is exploring a potential restructure of the group which may facilitate separation and potential future listing of Cell C on the Prime Segment of the Main Board of the Johannesburg Stock Exchange (JSE). The proposed restructure, which Blue Label outlined in a statement today, is expected to encompass various ancillary transactions, aimed at optimising Cell C’s capital structure and balance sheet in preparation for a potential separatio…

Cell C may list on the JSE as Blue Label eyes big restructuring - TechCentral

Blue Label Telecoms has said it may list mobile operator Cell C on the JSE as part of a broader restructuring of the group.