JSE-listed technology and telecommunications group Reunert paid R171,9m for privately held ECN Telecommunications, its 2011 financial results show. Of this, R107,8m was in the form of goodwill, which means Reunert attached a fair market value to ECN of R64,1m
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Andy Baker has become the third top executive at JSE-listed technology and telecommunications group Reunert to quit in as many months, following the departure of CEO Nick Wentzel in September and commercial director Gerrit Oosthuizen last month. Baker, who will
Former ECN Telecommunications CEO John Holdsworth will form a new company next year that he says will slash the cost of mobile telephony in SA by taking advantage of the cellular operators’ broadband wireless access networks. Holdsworth, who founded ECN five
The Competition Tribunal on Wednesday morning approved Reunert’s acquisition of ECN Telecommunications without conditions. The Competition Commission earlier assessed the deal and concluded that it was unlikely to lead to a substantial lessening of
A raging Highveld thunderstorm serves as the dramatic backdrop to this week’s episode of TalkCentral, the business technology podcast brought to you by the editors at TechCentral
JSE-listed Reunert’s acquisition of ECN Telecoms will be good for both companies and for the industry, says ECN CEO John Holdsworth. Reunert announced the deal on Monday, confirming speculation
JSE-listed Reunert has acquired privately held ECN Telecoms in a deal that could presage further consolidation in the telecommunications sector. The value of the transaction has not been disclosed and is
Reunert subsidiary, cellular service provider Nashua Mobile, on Thursday launched a voice-over-Internet Protocol service called EasiVoice in an effort to deal with the strain on its least-cost routing
JSE-listed Reunert, which owns Nashua Mobile and other technology companies, has bought back another 3% of its ordinary share capital for R392,8m. The purchase brings to
Several senior staff have resigned from Nashua Mobile following the recent exit of MD Chris Scoble and a retrenchment programme at the independent cellular service provider. Nashua Mobile, which is