Allied Mobile wins $55m PIC deal

2015-11-16 13:46

South African mobile products distributor, Allied Mobile, has received a boost for its Africa expansion bid after securing a $55m debt facility from the Public Investment Corporation.

New chief operating officer for Altech

2012-10-16 09:40

Allied Technologies has appointed Laurence Savage to the position of chief operating officer effective from January 2013.

Altech may acquire Kenyan firm - source

2011-11-01 12:05

Altech is in talks to buy an unlisted Kenyan firm to help revive its struggling business in East Africa, says a source familiar with the matter.

On the ball

2011-05-05 00:00

It seems the whole has the potential to be more than the sum of its parts for Altech. The group houses several companies that have the potential to create opportunities for each other and directors intend to see more of that happening in the future.

Altech posts lower profit

2011-04-20 08:59

Technology group Altech has reported lower earnings due to currency volatility and a subdued economy.

Altech suffers 28% profit slump

2010-09-28 08:20

Allied Technologies has reported a decline in profit amid difficult economic conditions.


Zim firm buys Altech businesses

2013-01-29 11:06

Technology giant Altech has sold its East African businesses to Zimbabwe-based company Liquid Telecom, making it Africa's largest single fibre network.

Altech drops bid for Kenyan IT firm

2011-11-09 10:11

IT firm Allied Technologies says it is no longer in talks to acquire unlisted Kenyan IT firm Symphony, a deal reported to have been worth up to $60m.

Altech buys mobile money firm

2011-08-24 08:01

Altech has acquired Eyenza Mobile Money, a wallet-based system.

Altron shows double digit growth

2011-05-04 08:53

Allied Electronics Corporation has presented double digit growth even though trading conditions were challenging in a number of key markets, says CEO Robert Venter.

Govt to unbundle local loop in 2011

2011-03-01 06:37

Government may possibly unbundle the local telecommunications loop only in urban areas, in order to focus on better service delivery in rural areas.

Altech slams set-top box delay

2010-09-20 13:27

Altech, a manufacturer of set-top boxes, has slammed the delay in the setting of a digital standard and threatened to take legal action.

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