At some point, JSE-listed Altron’s bombed out share price is going to look like a bargain. But it’s hard to know when that will be. The Venter-run family business last week announced a loss of R1,1bn for the year to February, drowning the previous
Browsing: Autopage
Significant losses at Altech Multimedia and Powertech will contribute to a dismal set of full-year results at technology and industrial group Altron. The group cautioned shareholders on Friday afternoon that although its Altron TMT
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 sale of Altech Autopage’s subscriber base has been referred back to the Competition Commission, putting into question a planned shutdown date. In September, Johannesburg listed
The Competition Commission has recommended to the Competition Tribunal that the sale of Altech Autopage’s subscriber bases to mobile operators Vodacom, MTN and Cell C be approved without
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
Telkom’s possible acquisition of Cell C would result in a stronger competitor to Vodacom and MTN, according to Boyd Chislett, the MD of the soon-to-be-closed cellular service provider Altech Autopage. Telkom on Monday issued a market update
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