The Competition Commission has recommended to the Competition Tribunal that the sale of Altech Autopage’s subscriber bases to mobile operators Vodacom, MTN and Cell C be approved without
Browsing: Adapt IT
isted technology group Adapt IT has announced it will acquire specialist software firm CQS Investments for R216,8m. CQS Investments is a 20-year-old company with 4 000 clients. It develops its own software and distributes software developed by third-party companies CaseWare
An investment in Adapt IT over the past three years or, even better, over five years would have paid off handsomely. The IT counter has proved to be by far the best performer among technology and
IT and telecommunications shares took a pounding on Monday as a global stock market rout hammered the JSE. Big companies such as MTN and EOH were trading sharply lower as investors fled shares for safer assets
Durban-based technology services company Adapt IT has turned in a robust 35% improvement in headline earnings per share on the back of a 42% increase in turnover to R575,3m for the year ended 30 June 2015. The top-line performance was driven by both
If you’d invested R40 000 in the shares of Durban-based technology company Adapt IT five years ago, you’d be a millionaire today. Adapt IT’s shares have risen by a spectacular 2 400% in the past five years, making it the best performing technology counter on the JSE
Durban-based IT services company Adapt IT has turned in another strong set of financial results. Headline earnings per share climbed by 35% to 18,6c in the six months ended 31 December 2014 on the back of a 38% improvement in revenue to R261m. Growth came from
Fast-growing JSE-listed Adapt IT has acquired 100% of the equity of AspiviaUnison, a cloud telecommunications service provider, in a deal worth as much as R200m. The Durban-based Adapt IT will acquire all intellectual property and technology
The share price of Durban-based technology services company Adapt IT shot up by more than 10% on Tuesday morning after it said it was in talks about a possible acquisition. The fast-growing company, which in August reported a 55% improvement in full-year headline earnings per share on the back of strong revenue
Durban-based technology services company Adapt IT has grown headline earnings per share by 55% to 34,55c in its 2014 financial year, which ended in June. That was on the back of a 34% rise in revenue to R406,3m and a 69% improvement in operating profit to R49,6m. On the