Mobile service provider Altech Autopage has tried to mitigate retrenchments amid the company eyeing a February 2016 shutdown, said its MD. Parent Altron said in a cautionary announcement in May that it planned to sell the subscriber base
Browsing: Altron
Times Media Group’s Vidi video-on-demand platform has been “struggling to gain traction in the market”, TMG parent Tiso Blackstar Group said this week. In notes alongside
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
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
Vodacom, MTN and Cell C will pay Altron a combined amount of about R1,5bn to take over the subscriber base of Altech Autopage Cellular. Interestingly, Altron is receiving less than Reunert did when it concluded a similar deal with the operators to sell the subscribers
The television entertainment industry in South Africa is in for significant disruption in the next 18 months. And couch potatoes look set to be the biggest beneficiaries as competition intensifies between traditional broadcasters and new Internet streaming providers
Altron has decided to sell its poorly performing video-on-demand platform, the Altech Node, and is in the advanced stages of discussions with an unnamed third party to dispose of the product. Altron subsidiary Altech launched the Node
Altech has added Warner Bros to the content bouquet offered on the Node video-on-demand and home automation set-top box in a move it says “substantially extends its content library of movie and television entertainment”. Despite “lower than