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Cell C Reports 1.9% Revenue Growth Amid Restructuring

2/13/2026

Summary

Story summary

Cell C Holdings reported its first financial results as a JSE-listed company for the six months ending November 30, 2025, with revenue of R5.68 billion, a 1.9% year-on-year increase.
The company achieved normalized EBITDA of R917 million, reflecting a 16.1% margin, and its wholesale segment grew 22.5% to R840 million, driven by the mobile virtual network operator platform.
CEO Jorge Mendes highlighted the need for ongoing restructuring and partnerships to address liquidity challenges and improve cash flow management.

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Story summary

Cell C Holdings reported its first financial results as a JSE-listed company for the six months ending November 30, 2025, with revenue of R5.68 billion, a 1.9% year-on-year increase.
The company achieved normalized EBITDA of R917 million, reflecting a 16.1% margin, and its wholesale segment grew 22.5% to R840 million, driven by the mobile virtual network operator platform.
CEO Jorge Mendes highlighted the need for ongoing restructuring and partnerships to address liquidity challenges and improve cash flow management.