Browsing: James Herbst

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

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

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

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

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.

Telecommunications provider Huge Group has called off a plan to acquire ICT specialist Centracom for R81,6m, saying it was unable to reach agreement with “relevant shareholders” about a funding arrangement to make the deal happen. A memorandum of agreement between

JSE-listed alternative telecommunications provider Huge Group has signed a memorandum of agreement in terms of which it intends acquiring 100% of specialist ICT company Centracom for R81,6m. Most (90%) of the proposed acquisition will be settled through

Telecommunications player Huge Group is considering as many as three acquisitions, with one of them potentially worth as much as US$100m (more than R1,2bn), as it seeks to play a leading role in the consolidation of the industry in South Africa. The company has