Telecommunications regulator, the Independent Communications Authority of South Africa (Icasa), has been dragged to court for not disclosing the status of a service provider accused of operating without a licence. Having been sent
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Altech’s headline earnings per share in the six months ended 31 August 2012 have fallen by 19% over the same period in 2011 as the result of continued poor performance by its businesses in East and West Africa. Due to write-downs in goodwill and the carrying value of those operations
The constitutional court has dismissed an application for leave to appeal lodged by the Competition Commission and Tracetec against vehicle tracking companies Altech Netstar, Matrix Vehicle Tracking and Tracker. The applicants have been ordered to pay costs. In 2005, Tracetec lodged a complaint
Vodacom has bought set-top boxes from Altech’s Durban-based UEC subsidiary that are capable of delivering both fixed-line and wireless Internet protocol television (IPTV) services to consumers, apparently as part of an internal trial. Though Vodacom confirms it has bought two decoders for testing, company spokesman Nomsa Thusi says
Technology group Altech has reported a 27% decrease in adjusted headline earnings per share, from 529c to 388c, on poor performance from its operations in West Africa and continuing underperformance of its businesses in East Africa. The group eked out a 3,3% increase in revenues to just shy of R10bn
The supreme court of appeal has dismissed, with costs, applications from the Competition Commission and tracking company Tracetec against Altech Netstar in which they claimed Netstar engaged in anticompetitive behaviour. The original complaint was lodged in February 2005 and the alleged anticompetitive behaviour related to the period between
Profits at JSE-listed technology and telecommunications group Altech have fallen sharply in the six months to 31 August as a result, in large part, of pressure on its once high-flying operations in East Africa. Profit for the period was R137m, down from R232m a year
The effect of a reduction in wholesale mobile call termination rates on JSE-listed technology group Altech’s cellphone service provider subsidiary,…
Altech will soon expand into Brazil and China, and increase its presence in India and Nigeria, as the JSE-listed IT…
JSE-listed multinational IT group Datatec has wrapped up its acquisition of Asia-Pacific’s Netstar Group and has issued 5,4m new shares…