Huge Group folds network, telecoms units into one firm

South Africa News News

Huge Group folds network, telecoms units into one firm
South Africa Latest News,South Africa Headlines
  • 📰 ITWeb
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Investment company Huge Group combines its two subsidiaries, Huge Networks and Huge Telecom, to form one firm. HugeGroup HugeNetworks HugeTelecom

The board of the JSE-listed Huge Group has approved combining Huge Networks and Huge Telecom into one business.

“The business combination will bring together the commercial, go-to-market and distribution capabilities of Huge Telecom with the products, services and technical capabilities of Huge Networks to create a stronger, more capable entity.”over the sluggish performance of its investments. According to the company, the product and services portfolio includes an “integrated telephony solution with dedicated voice transmission and data capabilities that comprise the full spectrum of bearers, including fixed 5G and LTE, carrier-grade fibre services and broadband fibre-to-the-business services.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ITWeb /  🏆 45. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Liquid Networks becomes Nokia's global partnerLiquid Networks will market, distribute and service Nokia’s Digital Automation Cloud range.
Read more »

North Korea sees more use of cell phones, WiFi networks -U.S. researchersNorth Korea sees more use of cell phones, WiFi networks -U.S. researchers: Up to 7 million North Koreans use cell phones daily, and WiFi networks have sharply expanded in recent years as the mobile devices increasingly became a key tool for market…
Read more »

North Korea sees more use of cell phones, WiFi networks -U.S. researchersUp to 7 million North Koreans use cell phones daily, and WiFi networks have sharply expanded in recent years as the mobile devices increasingly became a key tool for market activity in the isolated country, U.S. researchers said on Tuesday.
Read more »

Vodacom seals R41bn Egypt Vodafone dealVodacom Group receives regulatory approvals to acquire controlling stake of Vodafone Egypt for R41 billion. Vodacom Vodafone Vodacom
Read more »

Vodacom cuts dividend as profit dips due to Ethiopia launchThe telecom giant declared an interim payout of 340c per share, 19% lower year on year
Read more »

VINOTHAN NAIDOO: Tackling the government’s wage bill isn’t simply a matter of huge job cutsResearch by Wits finds that headount in core service areas, which account for more than three-quarters of the wage bill, has actually declined in the past decade
Read more »



Render Time: 2025-02-27 12:22:56