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/ 1 November 2011
Altech is in talks to pay up to $60-million for unlisted Kenyan IT firm Symphony to help revive its struggling business in fast-growing East Africa.
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/ 20 September 2010
Should the government decide to change the standard for digital terrestrial television set-top boxes, Altech will take legal action, it says.
Altech reported little change in full-year profit on Tuesday, but the IT and telecoms firm said it was considering acquisitions to boost its business.
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/ 14 December 2009
Technology group Altech on Monday announced a black economic empowerment (BEE) transaction valued at R1,5-billion.
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/ 10 February 2009
The costs award against Altech was justified, the Competition Tribunal said on Monday.
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/ 26 January 2009
The Competition Tribunal has written to Altech CEO Craig Venter demanding that he retract a statement made to a newspaper.
The Competition Tribunal on Thursday unconditionally approved cellphone operator MTN’s acquisition of a 69,4% stake in Verizon SA.
Cellphone operator MTN said on Thursday that its acquisition of Verizon SA won’t thwart competition.
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/ 10 November 2008
South African ICT firm Allied Technologies (Altech) has been granted leave to participate in merger proceedings between MTN Group and Verizon SA.
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/ 31 October 2008
ICT firm Altech has successfully opposed the government’s high court appeal against a judgement that the company can build its own networks.
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/ 30 September 2008
Altech posted a 19% rise in first-half headline earnings per share on Tuesday and said it was well placed for real growth in the second half.
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/ 1 September 2008
SA businesses can look forward to cheaper telecommunications services after a ruling by the Pretoria High Court.
Altech announced on Wednesday that its telecommunications subsidiary, Altech Autopage Cellular, has signed a distribution agreement with Neotel.
The JSE was sharply weaker at noon on Thursday, led by banks after worse-than-expected factory-gate price inflation data pretty much sealed the case for another interest-rate hike in June, traders said. By 11.54am the JSE’s broader all-share index was down 0,96%, weighed by a 1,99% drop in banks.