CORPORATE PROFILE

Nature of business

Blue Label Telecoms and its subsidiaries and associate companies' core business is the virtual distribution of prepaid secure electronic tokens of value and transactional services across its global footprint of touch points.

Its prepaid product offerings include airtime, electricity and bus ticketing. Other solutions provided include location-based services, cell phone content and mobile applications.

Transactions are processed through points-of-presence ranging from single entity retail outlets to national chain stores and petroleum forecourts in South Africa and in several countries beyond its borders.

The focus is on distribution in emerging markets where the products and services are of significant value to the unbanked and badly banked.

In-house proprietary technology to support the group's initiatives plays an integral role in supporting the rollout of its bouquet of products and services.

The group's stated strategy is to extend its global footprint of touch points, both organically and acquisitively and to fulfil the significant demand for the delivery of multiple prepaid products and services through a single distribution base via various delivery mechanisms.