R66-million payday for Cell C owner’s CEOs

Cell C's joint CEOs, Brett and Mark Levy, have secured a combined payday of R66 million, reflecting the company's strong financial performance. The Blu Label Unlimited subsidiary, which accounts for Cell C's operations, reported a 7% increase in gross revenue to R99.9 billion, with normalised revenue reaching R9.4 billion. This surge in revenue is underpinned by a 19% growth in Cell C's subscriber base, now standing at 8.884 million, amidst a shift away from MVNO subscribers.