Altron and its subsidiary Altech are still engaged in talks, the outcome of which could have a material effect on the share prices of the two JSE-listed groups. Though neither has said what the discussions are about, it’s widely speculated that Altron is preparing to make an offer to minority shareholders in Altech
Browsing: Altech Netstar
Telecommunications regulator, the Independent Communications Authority of South Africa (Icasa), has been dragged to court for not disclosing the status of a service provider accused of operating without a licence. Having been sent
Altech’s headline earnings per share in the six months ended 31 August 2012 have fallen by 19% over the same period in 2011 as the result of continued poor performance by its businesses in East and West Africa. Due to write-downs in goodwill and the carrying value of those operations
The constitutional court has dismissed an application for leave to appeal lodged by the Competition Commission and Tracetec against vehicle tracking companies Altech Netstar, Matrix Vehicle Tracking and Tracker. The applicants have been ordered to pay costs. In 2005, Tracetec lodged a complaint
Vodacom has bought set-top boxes from Altech’s Durban-based UEC subsidiary that are capable of delivering both fixed-line and wireless Internet protocol television (IPTV) services to consumers, apparently as part of an internal trial. Though Vodacom confirms it has bought two decoders for testing, company spokesman Nomsa Thusi says
The supreme court of appeal has dismissed, with costs, applications from the Competition Commission and tracking company Tracetec against Altech Netstar in which they claimed Netstar engaged in anticompetitive behaviour. The original complaint was lodged in February 2005 and the alleged anticompetitive behaviour related to the period between
There’s finally some good news for people tired of sitting in endless traffic jams. Altech has concluded a deal with the SABC that will allow Garmin and other manufacturers of GPS-based personal navigation devices (PNDs) to begin providing real-time traffic data to SA subscribers for the first time.
Traffic congestion in Gauteng and parts of Cape Town is a nightmare for motorists. Lost productivity costs the country millions of rand every day, never mind the frustration and stress it causes. Now, a solution may be at hand — thanks to technology
Imagine driving down the highway and having your phone or your personal navigation device alert you about a traffic snarl-up…