Glossary

Act/the Act/ Companies Act	Companies Act, No 71 of 2008, as amended from time to time
AGM	Annual General Meeting
Airvantage	Airvantage, a private company whose Prepaid Airtime Advance System (PAS) offers Mobile Network Operators airtime, data and mobile money services: the ability to advance airtime, data or mobile money to subscribers
ARCC	Audit, Risk and Compliance Committee
BLT	Blue Label Telecoms Limited
Blue Label/Blue Label Telecoms	Blue Label Telecoms Limited
Company	Blue Label Telecoms Limited
CEC	Comm Equipment Company
Cell C	Cell C Proprietary Limited, launched operations in 2001, seven years after the launch of the two incumbents, Vodacom and MTN (launched in 1994)
CEO	Chief Executive Officer
Group	Blue Label Telecoms Limited and its subsidiaries, associates and joint ventures
HEPS	Headline earnings per share
JSE	Johannesburg Stock Exchange Limited
SIM card	Subscriber identification module card
SMS	Short message service
SNGGT	SizweNtsalubaGobodo Grant Thornton Inc.
TPC	The Prepaid Company Proprietary Limited
USD	US dollar
WACC	Weighted Average Cost of Capital