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Wireless

Blue Label makes net loss of ZAR 116.5 mln in H1, hit by Cell C losses

Friday 1 March 2019 | 10:39 CET | News
Blue Label Telecoms has posted a net loss for the six months ended 30 November 2018 of ZAR 116.5 million, on the back of a large negative contribution from Cell C. Losses at its joint ventures, including Cell C and Blue Label Mexico, totalled ZAR 138 million. This compares with gains of ZAR 1.35 billion in the prior comparative period.

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Categories: Mobile & Wireless
Companies: Blue Label Telecoms / Cell C
Countries: South Africa
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