Equity Insights
Cell C - Cell C for yourself
Cell C is the fourth-largest mobile telecommunications provider in South Africa, boasting a highly recognisable brand and strong market presence. In contrast to MTN, Telkom and Vodacom, the group has pivoted to a capex-light approach (i.e. the group does not own its own infrastructure) to its mobile network, utilising its own spectrum assets in combination with physical network infrastructure owned by other mobile network operators (MNOs). This, together with its partnership-led model, enables national-grade coverage and reliability, while freeing up capital for innovation, digital platforms, and customer experience.
14 November 2025
