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34

BLUE LABEL INTEGRATED ANNUAL REPORT 2014

AIRTIME

CONVERSATION WITH JOINT

CHIEF EXECUTIVE OFFICERS

CONTINUED

➔

Our expanding distribution channel comprising

about 150 000 POPs in South Africa, 130 000 in

India and over 90 000 in Mexico.

➔

Reputable local operating partnerships in each

International region.

➔

Enviable trust developed in relationships with our

stakeholders during 13 years of business

experience.

OUR COMPETITIVE EDGE

DIFFERENTIATES US

We see few competitors in the horizontal plane, i.e.

there are only a minimal number of names that offer

the same breadth of products and services as we do.

In the individual verticals of product or service, we

do experience competitors facing up to us from time

to time. This immediately provides us with an edge,

as we have more products and services to spread

across our cost base. We are able to identify the

following factors which differentiate us in the market:

➔

Our financial strength and stability derived through

generating strong cash flows.

➔

Cutting-edge technical capability and back-up

support.

➔

Leading innovation in technology, products and

services.

➔

Market leadership in touch points focused on

reaching middle- and lower-income groups.

➔

Our unique ability to collect small amounts of

money from consumers efficiently.

➔

Our capability of performing multiple types of

transactions from the same terminal.

The Group’s entrepreneurial ethos may also set us

apart from competitors.

SKILLS DEVELOPMENT, SUCCESSION

PLANNING AND A ‘CAN-DO CULTURE’

Technological developments continue to drive the

Group. Consequently, we are required to identify,

hire, develop and retain a large number of talented

and skilled engineers and specialists. We have a

number of initiatives in place to address this need,

including training and succession planning.

We continually strive to retain and instil our

entrepreneurial culture across the organisation.

Therefore, it is probably no coincidence that we see

high levels of entrepreneurial flair among our staff

complement, business partners and associates. We

can identify a number of traits which characterise us,

viz. our attitude to life, the will to achieve, and

our spirit and vision, all of which are encapsulated in

our ‘can-do culture’.

ACTIVE PIPELINE OF ACQUISITIONS

In delivering on our stated M&A strategy, we consider

acquisitions that are earnings enhancing, add to

our product line, distribution network or geography

and which are of a strategic or defensive play.

Internationally, we have impressive partners with whom

we could consider extending growth opportunities.