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flag Blu Label Telecoms cut earnings due to Cell C spin-off but raised dividends, pivoting to renewable energy and digital infrastructure.

flag Blu Label Telecoms reported a 16% decline in normalized earnings per share to 38.60 cents, citing accounting impacts from the 2025 Cell C spin-off, though core revenue rose 11% to 51 billion rand. flag The company resumed dividends with a 43.56-cent interim payout, its first in eight years, backed by a stronger capital base after raising R1.8 billion from selling a 30% stake in Cell C. Blu Label is pivoting to digital infrastructure and renewable energy through Blue Energy, which secured a multi-year Nersa trading license and plans solar and wind projects up to 20 megawatts. flag The company also expanded prepaid electricity and municipal payment services, while investing in AI and data analytics. flag Shares rose 6.22% on the dividend news, ending the period at R9.76.

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