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This article was originally published on ITWeb Read more at source. Major acquisitions during the last financial year represent "an inflection point" in the evolution of Huge Group, which saw revenue boosted 63% for the year ended 28 February, to... Read More
( Staff Writer ) | 174 Views | 0 Replies
This article was originally published on ITWeb Read more at source. Gunter Engling has been appointed as MD of Huge Telecom. His appointment will take effect when he joins Huge Telecom on 1 April after he has served his notice period with MTN.... Read More
( Staff Writer ) | 338 Views | 0 Replies
This article was originally published on htxt.africa Huge Telecom – a trusted provider of first-tier last-mile telephony services to corporate organisations in South Africa – has successfully installed the first ever full suite telephony service ... Read More
( Staff Writer ) | 350 Views | 0 Replies
This article was originally published on IT-Online The board of Huge Group has appointed Craig Lyons as an independent non-executive director with effect from 3 July 2017. Lyons is an investment banker and businessman with extensive strategic,... Read More
( Staff Writer ) | 389 Views | 0 Replies
This article was originally published on MyBroadband Huge Group’s telecommunications arm plans to redefine the connectivity landscape for small and medium-sized enterprises (SMEs), non-executive director Zunaid Bulbulia told MyBroadband. There is a... Read More
( Staff Writer ) | 435 Views | 0 Replies
This article was originally published on ITWeb Read more at source. A lack of ownership by historically disadvantaged persons has blocked Huge Group from transferring two licences from its subsidiary Huge Telecom to itself. "We wanted to transfer... Read More
( Staff Writer ) | 521 Views | 0 Replies
Huge Group's planned purchase of ConnectNet Broadband Wireless is moving forward after it concluded a subscription and repurchase agreement (SRA) on the deal.  In September, the JSE-listed company announced plans to purchase 100% of ConnectNet for... Read More
( Staff Writer ) | 566 Views | 0 Replies
The JSE-listed telecommunications company has reached an agreement to acquire ConnectNet Broadband Wireless and its wholly owned subsidiary Sainet Internet. JSE-listed telecommunications company Huge Group has reached an agreement to acquire... Read More
( Staff Writer ) | 522 Views | 0 Replies
JSE-listed telecommunications company Huge Group on Tuesday warned shareholders that it is in discussions about a strategic acquisition, cautioning that the deal is big enough to require their approval if management decides to pursue it. “Although... Read More
( WhichVoIP ) | 877 Views | 0 Replies
Smaller telecom companies like Telemasters and the Huge Group are finding truth in the saying “when elephants fight, the grass suffers.” These Least Cost Routing (LCR) companies once had a lucrative niche buying bandwidth at substantial discounts... Read More
( WhichVoIP ) | 995 Views | 0 Replies
The Huge Group has settled a legal dispute with MTN Service Provider (MTNSP), agreeing to pay the cellular company R10 million, an amount it will settle by issuing shares worth a total of R20 million as it also wants to expand aggressively. The... Read More
( Mitchellb ) | 1,166 Views | 0 Replies
The Huge Group, which provides full suite telephony services to more than 7 100 small and medium enterprises, is embroiled in several legal battles, its full-year results commentary shows. Among these is a dispute between it and MTN Service... Read More
( Mitchellb ) | 996 Views | 0 Replies
Huge Group has simplified its telecoms unit’s operational and sales structure, and changed the way it does business, and believes this is starting to pay off, despite recording a full-year loss. CEO James Herbst says Huge Group is now a new... Read More
( Mitchell ) | 1,357 Views | 0 Replies
JSE-listed Huge Group says earnings per share for the first six months of the year will be as much as 800% higher when it reports its results. The group yesterday issued a trading statement in which it said there is a “reasonable degree of certainty... Read More
( Mitchell ) | 1,228 Views | 0 Replies
JSE-listed Huge Group wrapped up its restructuring in the year to February, which trimmed costs and aided its operational performance. The group, which operates in the least-cost routing segment, narrowed its operating loss from R23.9 million a year... Read More
( Mitchell ) | 1,382 Views | 0 Replies
JSE-listed Huge Group has issued a revised trading update and says it will reverse its previous loss-making position when it publishes its results for the year to February. The company said in a statement to shareholders that earnings and headline... Read More
( Mitchell ) | 1,189 Views | 0 Replies
As in many industries, there is often a gap between knowledge and the practical application of that knowledge. To bridge the gap, Huge Telecom has revealed a training centre dedicated to the development of telecommunication professionals in SA. This... Read More
( Mitchell ) | 1,365 Views | 0 Replies
[b]AltX listed telecoms and media company Huge Group on Tuesday announced a headline loss per share of 15.41 cents for the year ended February from headline earnings per share (HEPS) of 8.79 cents previously.[/b] The group noted a basic loss per... Read More
( Mitchell ) | 1,275 Views | 0 Replies
The JSE has warned the Huge Group that its shares will be suspended if it does not submit its financial report by the end of this month. According to JSE rules, companies have three months in which to submit financial results after the end of the... Read More
( Mitchell ) | 1,202 Views | 0 Replies
There is no link between the decision by Huge Group acting financial director Yvette Neveling to resign and its announcement just hours later that the company has failed to publish in 2011 financial results within the deadline prescribed by the JSE... Read More
( Mitchell ) | 1,145 Views | 0 Replies