Browsing: Huge Telecom

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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 Telecom parent Huge Group has lifted headline earnings per share year on year by 51,5% for the six months ended August 2014. However, revenue has fallen to R99m from R106,7m before. Operating profit was R8,9m, up from R8,3m a year ago, while net profit was R7,4m, up sharply from

Alan Knott-Craig has played his first card since being appointed as CEO of Cell C on 1 April. The operator has released a new least-cost routing (LCR) product, called LCRAnyNet, that Knott-Craig says will “reduce the cost of telecommunications for business and will bring down the barrier for small

Despite turning in a R16,9m loss in the financial year to 28 February 2011 and facing a R30m lawsuit from MTN, JSE-listed telecommunications specialist Huge Group says it is confident it will survive the

In the past 12 months, AltX-listed Huge Group’s share price has defied gravity, soaring nearly 400%, making it one of the best performing shares on the JSE. At face value, though, the share’s sterling performance makes little sense.