Signal restored: Unpacking the Blue Label and Cell C turnaround

Loading player...
TechCentral’s guests in this episode of the TechCentral Show believe Blue Label Telecoms and its affiliate (and soon to be subsidiary) Cell C present a compelling investment case.
Philip Short, global portfolio manager at Flagship Asset Management – which counts Blue label as its sole South African investment – and Dylan Bradfield, portfolio manager at Sharenet, tell TechCentral editor Duncan McLeod that they believe the turnaround taking place at Cell C is real, and will have a meaningful impact on Blue Label shares.
Blue shares, which have already rallied strongly – which have more than doubled in the past six months – could still have plenty of room to run, according to Short.
In this episode of the TechCentral Show, Short and Bradfield unpack:
• Blue Label’s announcement earlier this month that it is considering a JSE listing for Cell C;
• Why Cell C’s restructured operating model and strategy makes sense, and why that’s good news for Blue Label shareholders;
• The role of Cell C CEO Jorge Mendes in the turnaround – and what the opportunity is for the mobile operator with its new “asset-light” model of running its network – management of its radio access network has effectively been outsourced to partners (and competitors) MTN and Vodacom;
• Which operators would be most vulnerable to a resurgent Cell C;
• The importance of Cell C’s strategy around mobile virtual network operators and the significance of its relationship with Capitec;
• The move by Blue Label to sell Comm Equipment Company to Cell C – good move or not?
• Whether Cell C can compete with Telkom, Vodacom and MTN in the business market, something Mendes has signalled his desire to do;
• What the listing of Cell C could look like, what management’s focus should be before the listing and what kind of valuation the business could attract; and
• How much more value could be unlocked for Blue Label shareholders.
Don’t miss a fascinating discussion!
28 May 2025 2AM English South Africa Technology · Business

Other recent episodes

TCS | The Cape Town start-up listening for TB with AI

AI Diagnostics, a Cape Town-based med-tech company that has built an AI-powered stethoscope designed to detect tuberculosis, recently raised R85-million in a pre-series-A funding round. In this episode of the TechCentral Show (TCS), Nkosinathi Ndlovu speaks to the company’s CEO, Braden van Breda, about the funding round and its mission…
4 May 3AM 36 min

Werner Lindemann on how AI is rewriting the infosec rulebook

The pace at which artificial intelligence is reshaping the threat landscape is outstripping the ability of most organisations to defend themselves, with shadow AI, synthetic identity attacks and a looming quantum computing disruption all converging at once. That’s the view of DataGroupIT CEO Werner Lindemann, who joined Duncan McLeod on…
15 Apr 9AM 38 min

Donovan Marsh on AI and the future of filmmaking

Award-winning South African film director Donovan Marsh has pivoted to artificial intelligence filmmaking and believes generative AI tools could fundamentally reshape how movies are made – and who gets to make them. Marsh, whose 30-year career includes directing the Hollywood submarine thriller Hunter Killer starring Gerard Butler and Gary Oldman,…
7 Apr 4AM 52 min

MTN’s Divyesh Joshi on the strategy behind Pi

MTN South Africa has launched Pi, a digital-only mobile operator that runs on MTN’s network but operates as a standalone brand, offering contract-free mobile and home 5G connectivity through a single app, with no call centres, no credit checks and no lock-in. In this episode of the TechCentral Show, TechCentral…
1 Apr 12AM 21 min

Anoosh Rooplal on the Post Office’s last stand

The South African Post Office has been in business rescue – a form of bankruptcy protection – since July 2023. Business rescue practitioners Anoosh Rooplal and Juanito Damons have made it clear to parliament that the entity will not survive liquidation unless a R3.8-billion bailout is received soon. With some…
27 Mar 8AM 27 min