Browsing: James Herbst

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Huge Group acquires Otel

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.

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Huge Group earnings rise sharply

Huge Group has reported a 42% improvement in headline earnings per share for the year ended 28 February 2017, with management optimistic about future strong performance.…

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Ex-MTN boss new CFO at Huge Group

Former MTN South Africa CEO Zunaid Bulbulia has been appointed as chief financial officer of Huge Group with immediate effect. Bulbulia, who joined Huge Group in January 2016 as a nonexecutive director, is also

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Da Silva, Bulbulia invest big in Huge

Former top equities analyst and senior banker Duarte da Silva and former MTN South Africa CEO Zunaid Bulbulia are set to invest more than R125m buying significant minority positions in listed telecommunications company Huge

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Huge Group in R275m ConnectNet acquisition

JSE-listed telecommunications company Huge Group has reached an agreement to acquire ConnectNet Broadband Wireless and its wholly owned subsidiary, tier-one Internet service provider Sainet, for at least R275m, pending

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Huge Group mulling acquisitions

Niche telecommunications provider Huge Group is mulling acquisitions after reporting a 45% improvement in headline earnings per share for the year ended 29 February 2016, despite only a modest 6% improvement in revenue. Operating profit rose

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Huge Group to join JSE main board

Huge Group will begin trading alongside major telecommunications operators MTN and Vodacom after the JSE approved its move from the Alternative Exchange to the bourse’s main board.

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