Browsing: Altech

Former Altech CEO Craig Venter, who quit the Altron group last year after 27 years working for the business started by his father Bill Venter, has lifted the lid on his new venture. The new company, ClickaBet, is a sports betting website that Venter

South Africa’s highly competitive subscription video-on-demand (VOD) landscape has claimed its first victim. Less than a month after Netflix announced it was expanding to markets across the world, including South Africa, Times Media Group has shuttered Vidi

Troubled diversified technology group Altron has announced it will consolidate its head office, with subsidiaries Altech and Bytes – currently housed in a building in Woodmead, Johannesburg – moving to Altron’s head office in Parktown. The move will allow

Altron has named Andrew Holden as the successor to Rob Abraham at its subsidiary, Bytes Technology Group. The long-serving Abraham will step down as Bytes CEO on 29 February 2016, with Holden to step in as operations executive for information technology. In recent

Independent cellular service provider Altech Autopage is likely to be closed down as soon as February next year, with its million or so subscribers sold to the network operators for about R1,5bn

JSE-listed technology group Altron will in future be a significantly smaller business focused on the IT and telecommunications industries as it sheds non-core assets and loss-making businesses, especially in the legacy power infrastructure side of its business. Robbie Venter has resolved

Altron disclosed on Wednesday that it has fully impaired intangible assets related to the failed Altech Node set-top box and home automation system to the tune of R44m in the six months ended 31 August 2015. TechCentral first reported last month that Altron had decided to pull the plug on the service

In the end, as we know, Nashua Mobile blinked first. The announcement 18 months ago that it would sell the subscriber bases of its mobile service provider business caught much of the market unawares. But those close to the mobile sector weren’t