You are right Vumatel is one of the the Fibre suppliers, some others may even give you greater value cause they are also ISPs (internet service providers), but in BLU style (wholesale), they can you offer you better rates through CellC because of the volumes they purchase. Why do you think most of the banks sell you airtime through BLU?
Maybe I did not express myself well: I said that CellC may still make a loss for the next 2 quarters. Based on current trends less than R 600million (worst case). So, I have put no value to CellC (it is yours for free with BLU). And for BLU to absorb such a loss is a blink. My humble advice is stop focusing on CellC as its is a non-event under new management. And if it does bloom take that it as a bonus. btw. MTN is up 7% today - people's priority today is to first pay their mobile and or airtime/data and the rest can wait.
Your statement that CellC is in a worse financial position may require some additional reading. CellC nett loss reduced with 33% to R 600 m, simple math tells me it is improving?
Happy to eat humble pie come Feb 2019. Disclaimer - I am seriously invested in BLU (relativity taken into account) and we all invest in what we believe.
MTN's share price rising at the moment is due to this. Go and look at MTN and Vodacom's share performance for the YTD.
Im referring to your earlier posts regarding Cell C's fibre strategy. This share is being punished by the market for a reason (its lost almost 40% in a month). If you believe that it is currently worth R9 and above then I wish you luck, but i need to see tangible results and reasoning from you to convince me of that valuation at the moment.