Mark and Brett Levy eyes billions in municipal power revenue
Mark Levy says Blu Label is positioning Cigicell to recover billions in lost municipal electricity revenue and strengthen group margins.
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Mark Levy says Blu Label is positioning Cigicell to recover billions in lost municipal electricity revenue and strengthen group margins.
Mark Levy Blu Label reported a first half loss after spinning off Cell C, though core operations remained profitable.
Cell C says its assets now exceed liabilities, a milestone after Blue Label’s Brett and Mark Levy bought in and funded a painful turnaround.
Cell C debuts on the JSE at a $537 million valuation, marking its first day as an independent operator after years of restructurings under Blue Label.
Blue Label, led by Brett and Mark Levy, plans to list Cell C on the JSE after a turnaround, aiming to cut debt and secure long-term growth.
Blue Label Telecoms, led by Brett and Mark Levy, posts $140.6 million profit as Cell C turnaround and digital growth drive headline earnings surge.