Browsing: Bytes Technology Group

Investment
Why Altron could unbundle Netstar next

Fresh from the successful listing of its former subsidiary, Bytes Technology Group, in the UK, could Altron look at an unbundling of Netstar next as it seeks to unlock further value for shareholders?

News
Altron to report another big loss

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

News
Altech, Bytes move in with Altron

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

News
Holden to replace Abraham at Bytes

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

In-depth
Altron’s year of expensive lessons

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

News
Bytes snaps up Inter-Active Technologies

Altron TMT subsidiary Bytes People Solutions, part of the Bytes Technology Group, has made an offer to acquire Inter-Active Technologies, a specialist customer interaction management business, for an undisclosed sum. The agreement has been signed, but the deal is still subject to the approval of the

News
Management shake-up at Altron, Altech

JSE-listed technology group Altron is creating a new technology, multimedia and IT (TMT) division to house subsidiaries Altech and Bytes. It will be headed by Altech CEO Craig Venter, with Bytes CEO Rob Abraham reporting to Venter. Previously, Abraham reported to

News
Bytes lands R400m Absa IT deal

Altron subsidiary Bytes Technology Group has landed an IT services contract with banking group Absa worth R400m. Bytes division Bytes Managed Solutions won the deal to provide services to Absa and parent Barclays across the territories in Africa where the financial services giant operates

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