Cell C details positive momentum being experienced

Cell C announced that its subscriber base grew by 35 per cent year-on-year in 2013, which translated to a total revenue increase of 14 per cent during the period.

By the end of 2013, Cell C boasted a customer base of 13.6 million, a net growth of 3.5 million for the year. The growth was primarily driven by the prepaid market, which was up by 40 per cent. Prepaid customer spend also increased by 31 per cent year-on-year.

Hybrid, post-paid and broadband subscribers grew by 14 per cent, nine per cent and 55 per cent respectively.

Moving into 2014, the company continues to see robust customer growth, with most months seeing Cell C adding over 1 million gross connections. During March 2014 the company added 1.6million gross connections, with 1 million of those being net connections. The total customer base of Cell C as at the end of April 2014 was 16.6 million.

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