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CAPE TOWN - Cell C has announced the appointment of Kuben Pillay and Larry Nestadt to its board. 

The appointments follow the recent recapitalisation of Cell C, whereby Blue Label Telecoms and Net1 respectively, acquired 45% and 15% of the company’s share capital.

“We are honoured to have two of South Africa’s most astute business leaders join the Cell C board at a time when the company enters a new growth path,” said Jose Dos Santos, Cell C’s chief executive. 

“The combined experience and business acumen that Kuben and Larry bring to Cell C will undoubtedly provide sound guidance and support to the business as we begin a new chapter,” Dos Santos said

 “The telecommunications industry is an exceptionally exciting environment, fast-paced and elastic. The Cell C executive team has made incredible strides operationally, despite difficult circumstances and I look forward to supporting them in the future growth of Cell C as its new chairperson,” Pillay said.

 “Cell C has the opportunity to generate a formidable business and having a role in that is exciting. I know I speak on behalf of the board when I say that we are all ready to put our best efforts into ensuring that Cell C meets its potential,” said Nestadt. 

-BUSINESS REPORT