{"id":36243,"date":"2013-04-21T09:41:25","date_gmt":"2013-04-21T07:41:25","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=36243"},"modified":"2013-04-22T09:13:06","modified_gmt":"2013-04-22T07:13:06","slug":"cell-c-looking-for-partner-report","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/mobile\/36243\/cell-c-looking-for-partner-report\/","title":{"rendered":"Cell C looking for partner: report"},"content":{"rendered":"

Business Times reported that Cell C<\/a>\u2019s future will depend on partnering with a large local telecoms player, like Telkom<\/a>, or by finding a foreign partner with \u2018deep pockets\u2019.<\/p>\n

According to the report Cell C CEO Alan Knott-Craig<\/a> said that Cell C would need to be swallowed up by a \u201clarger group to compete with the likes of Vodacom<\/a> and MTN<\/a>\u201d.<\/p>\n

Telkom was mentioned as the obvious candidate, but Knott-Craig also said that a smaller group can partner with them to form a larger player.<\/p>\n

According to the report Cell C is doing well. “We are averaging between 800 000 and one million gross connections in a month,” Knott-Craig told Business Times.<\/p>\n

The newspaper further said that \u201cCell C’s subscribers have grown sharply from nine million to 11 million since Knott-Craig took charge\u201d.<\/p>\n

This is not the first time Knott-Craig has hinted of a possible partnership to improve Cell C\u2019s fortunes.<\/p>\n

In October 2012 Knott-Craig told BusinessTech that market consolidation is inevitable. \u201cMargins are thinning and smaller operators\u2019 ability to compete is being hampered by lack of scale,\u201d he said.<\/p>\n

\u201cIn my view, there will be some form of consolidation or partnership in the industry in the near future. However, any decisions on consolidation or future partnerships involving Cell C would be for our shareholders to decide upon,\u201d Knott-Craig said.<\/p>\n

More about Cell C and Telkom<\/h3>\n

Telkom and Cell C merging?<\/strong><\/a><\/p>\n

No Cell C deal on the table: Telkom CEO<\/strong><\/a><\/p>\n

Investors knocking on Cell C\u2019s door<\/strong><\/a><\/p>\n

8ta-Cell C merger a new axis of competition: F&S<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

There are renewed reports that Cell C may look to partner with Telkom to bolster its financial position<\/p>\n","protected":false},"author":10,"featured_media":24323,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[407,43,42,26,65],"class_list":["post-36243","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mobile","tag-8ta","tag-alan-knott-craig","tag-cell-c","tag-headline","tag-telkom"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/36243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=36243"}],"version-history":[{"count":5,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/36243\/revisions"}],"predecessor-version":[{"id":36245,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/36243\/revisions\/36245"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/24323"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=36243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=36243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=36243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}