By the end of the reporting period, the company said Cell C had honoured its payment obligations of R1.1 billion, which it owed to Blue Label specialist finance house Comm Equipment Company (CEC). To further assist Cell C with working capital requirements, The Prepaid Company bulk purchased Cell C's prepaid airtime to the value of R1.2 billion. It will buy additional prepaid airtime through four further quarterly payments of R300 million each. Total loans for Cell C stood at R2.1 billion at the end of the reporting period.