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Posts Tagged ‘altech’

  • Robert Venter, Chief Executive of Altron. (Image source: Altron)

    Altron to dispose of R588 million non-core stake in Liquid

    January 15, 2014 • Mobile and Telecoms, Top StoriesComments Off on Altron to dispose of R588 million non-core stake in Liquid

    Allied Electronics Corporation Limited (Altron) subsidiary, Altech, will dispose of its 8.6% stake in Liquid Telecommunications Holdings Limited (Liquid). Altech acquired the 8.6% stake as part of the disposal of its East African operations to Liquid in...

  • Tim Ellis, Altech Group Executive for Business Development (image: Charlie Fripp)

    Altech’s Huawei partnership to benefit African infrastructure

    September 20, 2013 • Mobile and Telecoms, Top StoriesComments Off on Altech’s Huawei partnership to benefit African infrastructure

    Altech and Huawei recently entered into a partnership to drive future growth initiatives in the enterprise market. The new entity will be branded as Altech Collab and will reside within Altech’s New Business Development division. The agreement covers a...

  • Huawei's Eman Liu (image: Chris Tredger)

    Altech and Huawei create new business entity

    September 17, 2013 • Mobile and TelecomsComments Off on Altech and Huawei create new business entity

    Allied Technologies Limited (Altech) and Huawei, an information and communications technology (ICT) solutions provider, today announced the creation of a new business entity to drive future growth initiatives in the enterprise market. The new entity will be...

  • Robert Ventor, CEO, Altron. (Image source: File)

    South Africa: Altron’s new tech services division

    August 5, 2013 • Company News, Southern AfricaComments Off on South Africa: Altron’s new tech services division

    Allied Electronics Corporation Limited (Altron) on Friday 02 August announced that a new division namely the Altron TMT (Telecommunications, Multi-media and Information Technology) division will be created following the operative date of the acquisition of...

  • Altech posts revenue of R5.157 billion

    September 27, 2012 • Top StoriesComments Off on Altech posts revenue of R5.157 billion

    JSE listed Allied Technologies Limited (Altech) today announced the Group’s interim financial results for the six month period ended 31 August 2012. While the Group’s revenue increased by 6,8%, operating profit was lower than that of the prior period...

  • Altech appoints Kenya Data Networks CEO

    October 31, 2011 • People, Top StoriesComments (1)

    JSE-listed Allied Technologies Limited (Altech) is pleased to announce the appointment of Shahab Meshki as Chief Executive Officer of Altech Kenya Data Networks (KDN), effective 1 November 2011. KDN is a Kenyan registered communications company that operates...

  • Altech Autopage opens first Soweto store

    October 17, 2011 • Mobile and Telecoms, Top StoriesComments Off on Altech Autopage opens first Soweto store

    South Africa’s independent communications service provider, Altech Autopage Cellular has opened four retail outlets in Gauteng province, South Africa. The first store was opened in Soweto, Maponya Mall on Saturday, 15 October 2011. Other new retail outlets...

  • Altech: East Africa operations profits knocked down

    September 28, 2011 • Mobile and Telecoms, Top StoriesComments Off on Altech: East Africa operations profits knocked down

    South African JSE (Johannesburg Stock Exchange) listed Allied Technologies Limited, Altech today announced the Group’s interim results for the six months ended 31 August 2011. “Revenue is R4.8 billion (about US $614 million). We’ve actually seen an...

  • Altech appoints new Converged Services Executive

    September 14, 2011 • People, Top StoriesComments Off on Altech appoints new Converged Services Executive

    JSE-listed Allied Technologies Limited (Altech) is pleased to announce the appointment of Tim Ellis as Group Executive: Converged Services to the Altech Group, effective 1 September 2011. Ellis has more than 20 years of experience in the Information and...

  • Intel Capital eyes African tech market

    July 4, 2011 • Top StoriesComments Off on Intel Capital eyes African tech market

    African innovation is at the heart of Intel’s interest in the African technology market. Intel Capital is Intel’s investment division that makes equity investments in innovative technology start-ups and established companies. Currently Intel Capital is...

  • Altech in key empowerment drive

    June 28, 2011 • Mobile and Telecoms, Top StoriesComments Off on Altech in key empowerment drive

    Craig Venter, CEO for Altech, a South African multi-billion rand high-tech group, shares his insights on the future of the group, the SA government’s role in the ICT sector and a recent empowerment deal with Southern Palace. ITNewsAfrica.com: What are your...

  • East Africa boosts Altech’s profits

    September 29, 2009 • Top StoriesComments Off on East Africa boosts Altech’s profits

    Altech East Africa will in the next three years be the core of Altech Group’s growth as it is expected to contribute 45% of the total profit, Craig Venter, the firm’s CEO revealed today when he announced the group’s interim results...

  • Altech invests $39 million in Kenya

    September 22, 2009 • Top StoriesComments Off on Altech invests $39 million in Kenya

    Altech has invested a further $39.5 million to increase its stake in Kenya Data Networks (KDN) to 60.8%, the company announced on Tuesday...

  • Altech and SEACOM announce strategic bandwidth alliance

    September 17, 2009 • Mobile and TelecomsComments Off on Altech and SEACOM announce strategic bandwidth alliance

    JSE listed Allied Technologies Limited (Altech) and SEACOM, today announced their strategic alliance for the mutual acquisition of bandwidth capacity on two cable systems. The agreement sees Altech procuring two STM-16s from SEACOM (equivalent to 5Gbps),...

  • Solid financial results for SA tech giant Altech

    April 24, 2009 • Mobile and Telecoms, SecurityComments Off on Solid financial results for SA tech giant Altech

    South African technology Information and Communication Technology (ICT) company Altech has reported positive results for the financial year ended 28 February ...

  • Altech goes legal against MTN’s R1.4 billion acquisition of Verizon

    November 12, 2008 • Mobile and TelecomsComments Off on Altech goes legal against MTN’s R1.4 billion acquisition of Verizon

    THE Competition Tribunal is set for a bitter legal exchange, after technology group, Altech won the right to grill MTN on its planned R1,4 billion acquisition of Verizon. Lawyers representing Altech, which maintains that the proposed deal should be stalled,...