Promoted | We’ve come a long way since Alexander Graham Bell’s historic call on the first-ever telephone. Today, one underrated technology has evolved beyond recognition – GSM cellular.
Browsing: Huge Telecom
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.
Huge Group subsidiaries Huge Cellular and Huge Telecom are not entitled to urgent relief they’re seeking against Cell C to prevent it from suspending services at the end of this month, the mobile operator said.
Huge Cellular is taking Cell C to court seeking urgent interim relief preventing the mobile operator from suspending services at the end of this month that could cut off the telephone lines of thousands of clients.
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.