Duncan McLeod, back from Las Vegas and the Consumer Electronics Show (CES), joins Craig Wilson in the studio this week to talk about the musical chairs among SA technology executives, looking at, among other developments, the resignation of Jeffrey Hedberg from Altech and the appointment of Alan Knott-Craig
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Jeffrey Hedberg has resigned as Altech’s chief operating officer less than nine months after joining the JSE-listed technology group, adding to a growing exodus of top management. Hedberg, a US national who was previously acting group CEO at Telkom, was appointed to Altech
Next year will bring significant consolidation among SA’s Internet service providers as they battle a difficult, deflationary environment. That’s the view of Altech Technology Concepts CEO Wayne de Nogreba, who says the industry is in a “race to the bottom” as bandwidth prices plummet and
JSE-listed technology and telecommunications group Reunert paid R171,9m for privately held ECN Telecommunications, its 2011 financial results show. Of this, R107,8m was in the form of goodwill, which means Reunert attached a fair market value to ECN of R64,1m
The GSM Association, an influential industry body that represents most of the world’s mobile operators, has warned that centralising spectrum decisions in SA’s ministry of communications could result in spectrum being allocated to companies or government agencies that
JSE-listed technology and telecommunications group Altech is no longer in talks to buy Kenyan IT firm Symphony, it said in a statement on the JSE’s Sens news service on Wednesday. “In response to speculation regarding Altech’s interest in unlisted
Andy Baker has become the third top executive at JSE-listed technology and telecommunications group Reunert to quit in as many months, following the departure of CEO Nick Wentzel in September and commercial director Gerrit Oosthuizen last month. Baker, who will
JSE-listed Altech has appointed Shahab Meshki as new CEO of its struggling East Africa business Kenya Data Networks. At the same time, the technology group is reported to be in talks to buy Kenyan IT firm Symphony in a deal that could be worth as much as US$60m
Altron remains determined to buy out minority shareholders in subsidiary Altech and delist it from the JSE, despite a previous attempt at a deal being rejected by minority shareholders in Altech. Altron made an offer to minorities in 2007 to buy out
JSE-listed technology group Altech is considering big changes at its largest subsidiary, Altech Autopage Cellular. Options on the table include launching a mobile virtual network operator and bidding for radio frequency spectrum to build its own fourth-generation