Altron is actively pursuing a sale of its set-top box manufacturing business, Altech UEC, TechCentral has established reliably from two well-placed sources. The group, which is disposing of noncore assets in a restructuring process that will see it focus on its
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Reunert, the holding company of Nashua, ECN, PanSolutions and other brands, intends using the billions of rand on its balance sheet – including the proceeds of the sale of Nashua Mobile
Troubled technology group Altron has signed a binding agreement to dispose of its long-held subsidiary Aberdare Group for R1,2bn in cash. Altron subsidiary Powertech, which owns Aberdare, has entered into binding agreements to sell Hengtong Optic
Technology group Altron expects to report a 90c/share headline loss in the year ended 29 February 2016, a deterioration from the loss of 3c/share reported a year ago, it warned shareholders after markets closed in Johannesburg on Monday. This compares to a headline
Cellular service provider Altech Autopage has pushed back its planned shutdown date, which was originally anticipated for the end of this month. On Friday, the Competition Tribunal approved the sale of Altech Autopage’s subscriber
Cellular service provider GloCell said on Monday that it has acquired Altech Autopage’s Cell C subscriber base for an undisclosed sum. It said the Competition Commission had approved the transaction. The deal comes as MTN and Vodacom
The Competition Tribunal has given the green light to Altron subsidiary Altech Autopage to sell its subscriber bases to respective service providers, namely MTN, Vodacom and Cell C. While the Competition Commission recommended
Altech Autopage MD Boyd Chislett has tendered his resignation and will leave the cellular service provider, and the Altron group, at the end of March. Chislett confirmed to TechCentral via telephone on Tuesday that he is stepping down
Reunert has weathered excess capacity and produced commendable bottom-line growth, while still holding onto the cash from the disposal of Nashua Mobile’s subscriber bases, which is earning
Huge Group, Adapt IT and Net1 UEPS Technologies top the list of the best performing technology shares on the JSE in 2015. In a difficult economic environment, the three counters have far outperformed the overall market, adding 95,2%, 58,5% and 55,5% respectively over the past 12 months