Blue Label moves to assure market on Cell C

World News: . []

Embattled JSE-listed Blue Label is working to assure investors that mobile operator Cell C is able to operate as required and that no material concerns have emerged as a result of the new management’s “deep dive” into the operator’s business practices. Earlier this week, Cell C interim CEO Douglas Craigie Stevenson, appointed in March, published an open letter that had sent Blue Label’s shares further into a downward spiral.

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