Browsing: Reunert

News
Reunert cocks a snook at weak economy

Reunert has delivered a robust earnings performance for the year ended 30 September 2015, despite a weak macroeconomic environment. Headline earnings per share (EPS) climbed by 16%, well ahead of revenue growth of 7%, it said on Monday. Headline EPS from continuing operations

In-depth
The inside story of Autopage’s demise

Independent cellular service provider Altech Autopage is likely to be closed down as soon as February next year, with its million or so subscribers sold to the network operators for about R1,5bn

News
Altron sells Autopage clients for R1,5bn

Vodacom, MTN and Cell C will pay Altron a combined amount of about R1,5bn to take over the subscriber base of Altech Autopage Cellular. Interestingly, Altron is receiving less than Reunert did when it concluded a similar deal with the operators to sell the subscribers

News
Orange to open first SA store

French telecommunications giant Orange will open its first physical store this Friday, in Claremont in Cape Town. The decision is based on the strong reception of the company’s online store, it said in a

News
Autopage moves to allay client fears

Altron-owned cellular service provider Altech Autopage has moved to allay customer concerns about plans to sell the business’s subscriber base to South Africa’s mobile operators. In a statement on Thursday, Autopage MD Boyd Chislett said the company’s

News
Nashua businesses lift Reunert

Growth in operating profit from continuing operations, coupled with additional proceeds from the sale of Nashua Mobile subscribers and interest earned on the full proceeds, have underpinned Reunert’s results in the six months ended March 2015

News
Altron set to sell Autopage subscriber base

JSE-listed technology group Altron is in advanced-stage discussions to sell the mobile subscribers of Altech Autopage. It’s a move that comes just a year after Nashua Mobile, owned by Reunert, concluded a similar transaction. Altron has been

In-depth
Orange to ramp up SA presence

French telecommunications giant Orange plans to launch its own-branded retail stores in South Africa before the end of the year and intends launching an Internet service provider business here, too. Until now, Orange has had a retail presence through Nashua Mobile outlets, but the future of this partnership was thrown into doubt earlier this year when

News
Autopage snaps up rival’s clients

Altech Autopage, the independent cellular service provider in the Altron stable, plans to acquire 65 000 Cell C subscribers from rival Nashua Mobile for R91,5m (plus VAT). The deal comes just weeks after Nashua Mobile’s parent, Reunert, announced it was selling the company’s Vodacom and MTN subscribers to the two mobile network operators

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