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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 February 2013.  The...

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 number...

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 branded as Altech Collab...

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 the minority shares in...

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 mainly...

Altech appoints Kenya Data Networks CEO

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 the largest data...

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 include Jeppe Street...

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 increase of...

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 Communication...

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 seeking lucrative investment opportunities...
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Cisco, Microsoft & Samsung Introduce Advanced Hybrid Meeting Solutions

During Integrated Systems Europe 2024, Cisco & Microsoft Corp. and Samsung Electronics Co. Ltd. unveiled cutting-edge meeting room solutions...
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