Cell C Posts Higher Earnings and Sees Growth
South African mobile operator Cell C reported a 57.4 percent jump in full-year headline earnings. The growth was driven by stronger prepaid revenue and a lower debt burden. The company also forecast higher core profit in 2027.
Cell C reported a 57.4% surge in full-year headline earnings on Thursday morning, driven by prepaid gains and a lower debt burden across South Africa. The fourth-largest mobile operator posted its results following a comprehensive balance sheet overhaul. The turnaround marks a pivotal shift for the carrier as it expands its wholesale operations.
