(Reuters) - South Africa's third-ranked mobile firm, Cell C, said its first-quarter net loss almost doubled as a weaker rand inflated its debt servicing costs, even while it boosted revenues and increased subscribers.
Chief Financial Officer Muhieddine Ghalayini told Reuters on Wednesday the company's net loss widened to 369.5 million rand in the three months to end-March from a loss of 186.5 million rand in the year-ago period.
Read more at Reuters Africa
Chief Financial Officer Muhieddine Ghalayini told Reuters on Wednesday the company's net loss widened to 369.5 million rand in the three months to end-March from a loss of 186.5 million rand in the year-ago period.
Read more at Reuters Africa
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