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Cell C

The issuer's bonds defaulted in 2019
Organization name
Cell C (Pty) Ltd
Country name
South Africa
Country of registration
South Africa
Industry
Communication Services
Credit Ratings
in foreign currency
  • M/S&P/F
    *** / *** / ***
Public debt
184 mln USD
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Profile

Cell C is South Africa’s third cell network after Vodacom and MTN, and the first cellular provider operating a dual band GSM 900/1800 MHz network, with over 7,4-million subscribers according to recent reports in Business Day and myadsl. Cell C is owned by 3C Telecommunications, which is 60% owned by Oger Telecom South Africa, a division of Saudi Oger; 25% owned in an unencumbered holding by CellSAf, (a Broad-Based Black Economic Empowerment entity representing over 30 black empowerment companies and trusts), and 15% by Lanun Securities SA (Lanun is a wholly owned subsidiary of Saudi Oge Ltd).

Awards

Documentation

IFRS/US GAAP reports

2021
2020
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Codes

  • SIC
    4812 RADIOTELEPHONE COMMUNICATIONS
  • NACE
    *** ***
  • NAICS
    *** ***
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