Browsing: Westcon

International ICT company Datatec is in talks to sell a major share of subsidiary Westcon’s operations for more than US$800m. Datatec, which is listed on the JSE, with a secondary listing on London’s AIM, operates across three

Datatec’s share price was trading almost 10% higher on Friday afternoon after the company disclosed significant looming corporate action involving major subsidiary Westcon-Comstor. The Johannesburg- and London

JSE-listed technology group Datatec’s share price plunged more than 8% in morning trading on Wednesday after it warned shareholders of a sharp decline in earnings. The group, which operates

Datatec looks set to turn in a robust performance for its 2015 financial year, with revenues in the 12 months to 28 February 2015 expected to rise by about 12,5% to US$6,4bn and underlying earnings

Microsoft will launch its much anticipated next-generation videogame and entertainment console, the Xbox One, in South Africa in September, distributor Westcon-Comztek has announced. The launch comes almost a year after Sony introduced its next-generation

JSE-listed multinational technology group Datatec has reported a mixed earnings picture in its latest financial results as expected growth failed to materialise in the US, emerging markets were depressed and Europe showed signs of improvement. It is also blaming the implementation of a business management

Johannesburg-listed multinational technology distribution and services group Datatec has reported a slight decline in headline earnings per share for its financial year ended 28 February 2013, despite a 4% improvement at the top line and a strong performance by its Logicalis subsidiary

JSE-listed global technology distribution and services company Datatec is lowering its forecasts for its full financial year, which ends on 28 February, due to a poor second-half performance at Westcon. Group revenues for the 2013 financial year are now expected to be about US$5,4bn, up from

Datatec was trading off by more than 2% in midmorning trading on the JSE on Monday after it warned that its biggest subsidiary, technology distributor Westcon, experienced a weak third financial quarter. “Westcon’s performance in the third quarter has been

Johannesburg- and London-listed technology distribution and services group Datatec has grown diluted headline earnings per share by 6,8% in the six months ended 31 August 2012 on the back of a 7% rise in revenue to $2,62bn. Describing the results as “solid” in a