Blue Label Telecoms Ltd (JSE:BLU)
R 5.52 -0.01 (-0.18%) Market Cap: 4.95 Bil Enterprise Value: 8.18 Bil PE Ratio: 7.66 PB Ratio: 0.99 GF Score: 63/100

Blue Label Telecoms Ltd Key Business Development Update Transcript

Oct 26, 2022 / 03:30PM GMT
Release Date Price: R5.06 (+2.22%)
Brett Marlon Levy
Blue Label Telecoms Limited - Co-Founder, Joint CEO & Executive Director

Good afternoon, everybody. And how are you? Ready to be doing it on Zoom and not in person. Hopefully, in time, Dean, Mark and I will be able to have more eye-to-eye contact with all of you and obviously, as things turn in, things are back to normal. So let me just set the tone for today. Thank you all for joining. I'm not quite sure at the moment who's on and who is not on, but thank you all for joining.

I think just to set the tone for today, just so that you know exactly what we are here to do. Obviously, pre the Cell C recap, we were getting an immense amount of questions around Blue Label, how it would look post the recap. And of course, Cell C, what Cell C would look like post the recap and I think more importantly, what the strategy of Blue Label was in putting more money into Cell C.

I think it was a big question on everybody's mind, was Blue Label doing it for the right reasons, the wrong reasons and really what was the thinking behind it. And we stood fast with a set tone to all of

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