Blue Label Telecoms

Blue Label Telecoms has never and will never pronounce on any religious or political views. Our company policy is to provide products and services to clients and to focus solely on primary business goals.

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Strategically, the Group will continue to be agile to ensure that it retains its competitive edge in the market with a focused strategy centred on driving effective go-to-market strategies across all segments.

Revenue amounted to R18.8 billion. On exclusion of the gross amount generated on “PINless topups”, prepaid electricity, ticketing and gaming, the effective increase in revenue equated to 10% from R59.9 billion to R66.0 billion.

As such, we are pleased with our performance in the current year as we generated positive cash flows from our trading operations for the period ended 31 May 2021.”

Dean Suntup, Group FD, said: “Against the backdrop of a tough economic environment, the Group’s core business performed well. Gross revenue generated on PINless top-ups increased by R4.2 billion (28%) from R15.0 billion to R19.2 billion...

and other digital and financial transactional services to the people of South Africa, despite facing economic headwinds such as Covid-19 and its knock-on effects.

Commenting on the full year results, Mark and Brett Levy, Joint CEOs of Blue Label Telecoms, said: Blue Label Telecoms’ operating model remains resilient, and we were fortunate to be in a position to continue delivering essential services, including electricity, airtime, data...

Blue Label Telecoms Limited today reported a strong performance for the full year ended 31 May 2021, demonstrating the benefits of its flexible business model which enabled the Group to increase its market share in various segments.

Strong earnings growth as Blue Label Telecoms celebrates 20 years and continues to bolster its products and services mix

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BLUE LABEL TELECOMS is committed to helping our CUSTOMERS this MANDELA DAY #mandeladay2021 #proudlybluelabeltelecoms #impactinglives

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