View Full Version : Final countdown for Huge Group
Final countdown for Huge Group (http://mybroadband.co.za/news/business/27299-final-countdown-for-huge-group.html)
Failure to publish annual results by end June could see it suspended.
21-06-2011, 10:59 PM
Very interesting..I have been watching them closely the past 2 years..Actually part of the audit team who audited them couple years back...I remember thinking that their business model (i.e pure gsm least cost routing) would not hold up up in the light of the evolved IP based next generation solutions which would become available.Being a tech fanatic myself it amazed me that that did not have a plan to counter the the change that was to come. My take is that they their result have not been good at all particularly since the interconnect rate changed over the past year and a half and are quite worried about the future,or it could be some audit irregularities as they have had in the past. Well I hope that is not the case..Good luck