Blu Label Unlimited, the majority shareholder in South Africa’s fourth-biggest mobile operator Cell C, is looking to significantly reduce its stake in the telco. This was revealed in an ITWeb TV ...
BLU’s carrying value of Cell C has dropped. (Photograph by Nicola Mawson) JSE-listed Blu Label Unlimited is set to take a R5.2 billion hit on its stake in Cell C because the value of its investment at ...