Blue Label Telecoms Ltd traded at 842.00 this Friday May 15th, decreasing 9.00 or 1.06 percent since the previous trading session. Looking back, over the last four weeks, Blue Label Telecoms lost 5.92 percent. Over the last 12 months, its price fell by 14.95 percent. Looking ahead, we forecast Blue Label Telecoms Ltd to be priced at 861.54 by the end of this quarter and at 789.47 in one year, according to Trading Economics global macro models projections and analysts expectations.
Blue Label Telecoms Limited is a South Africa-based digital distribution company. The Company is specializing in prepaid products and the electronic distribution of virtual merchandise and value-added service. The Company''s business segments include Africa Distribution, International, Solutions and Corporate. The Africa Distribution segment includes the distribution of prepaid airtime, starter packs and electricity of the South African network operators and utility suppliers, the distribution of ticketing and gaming vouchers as well as the distribution and financing of handsets, tablets and other devices within South Africa and certain African countries. The International segment operations comprise Blue Label Mexico and Oxigen Services India. The Solutions segment comprises Datacel, Blue Label Data Solutions, the data aggregation and lead generation entity, which is provider of data, lead generation supply, validation, verification, and cleansing of data.