JSE-listed telecommunications specialist Huge Group plans to buy back its own shares, it said in a statement to investors on Wednesday.
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JSE-listed telecommunications specialist Huge Group said on Monday that it has partnered with MTN South Africa to provide additional GSM voice services to its subsidiary companies.
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Huge Group CEO James Herbst and chief operating officer Andy Openshaw are in line for a share options windfall, if the proposal is approved by shareholders.
JSE-listed telecommunications company Huge Group has acquired a shareholding in Pansmart, an authorised distributor of Panasonic voice, video and CCTV products in South Africa.
Huge Group is acquiring Otel in a share-swap deal involving its subsidiary, Huge Networks, the JSE-listed telecommunications specialist said in a statement to shareholders after markets closed on Thursday.
Huge Group said on Tuesday that it has won an interdict in a legal dispute between two of its subsidiaries and Cell C, apparently preventing the mobile operator from terminating its services as planned at the end of this month.