Cell C not headed for all out capex war

JSE-listed Blue Label Telecoms has no immediate plans to make mobile operator Cell C a top contender in an all-out capital expenditure (capex) war with top mobile operators MTN and Vodacom, but will rather narrow the focus of its latest acquisition to the strategic deployment of the “best” urban long-term evolution (LTE) network and delivering the best experience to the customers it already has. Speaking at an Investment Symposium hosted by Huge Group, Wits Business School and the Investment Analysts Society of South Africa, in Johannesburg, on Tuesday, Blue Label joint CEO Brett Levy said Cell C’s capex spend of about R2.5-billion to R3-billion a year would be maintained.