TeleMasters has received a proposal from a black-led investor to buy out the company’s two largest shareholders.
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JSE-listed telecommunications specialist TeleMasters Holdings has snapped up three companies in the past two weeks in an effort to broaden its scope and enhance shareholder value.
Huge Group, Adapt IT and Net1 UEPS Technologies top the list of the best performing technology shares on the JSE in 2015. In a difficult economic environment, the three counters have far outperformed the overall market, adding 95,2%, 58,5% and 55,5% respectively over the past 12 months
An investment in Adapt IT over the past three years or, even better, over five years would have paid off handsomely. The IT counter has proved to be by far the best performer among technology and
JSE-listed telecommunications specialist TeleMasters Holdings has reported an operating loss of R5,5m in the year ended 30 September 2012 from a profit of R14,4m last year. The decline in operating profit came on the back of a sharp fall in revenue, with sales slumping from R268,1m in 2011
Least-cost routing specialist TeleMasters has reported an operating loss of R1,4m in the three months to December 2011, from a profit of R5,1m previously, as a result of the loss of two big contracts and the market shift away from least-cost routing (LCR) solutions. LCR providers like TeleMasters had taken advantage
Software and IT services company UCS is considering delisting from the JSE just weeks after finalising a deal to sell a large chunk of its operations to Business Connexion (BCX). UCS joins companies such as Mustek and TeleMasters
Vox Telecom on Tuesday renewed a cautionary announcement, warning shareholders that it’s still involved in discussions that could affect its share price. The company
Listed telecommunications company TeleMasters will ask for shareholder approval to delist from the JSE’s AltX board. In may prove to be the first of a number of technology companies
In the past 12 months, AltX-listed Huge Group’s share price has defied gravity, soaring nearly 400%, making it one of the best performing shares on the JSE. At face value, though, the share’s sterling performance makes little sense.