Huge Group cuts jobs and shakes up leadership
JSE-listed Huge Group has advised shareholders of job cuts and leadership changes as part of a portfolio-wide productivity and efficiency enhancement initiative.
The telecoms firm recently amalgamated the workforces of Huge Connect, Huge Platforms...
Oh man, I have made a bad decision to sign a contract with these people (24 months)
NetClick ISP is the ISP.
Huge Networks is the FNO -
Zero After-hours support, even the FNO has not had any activity on their Facebook since 2020 !
Their numbers are all 'unobtainable'
Technical Team
Tel: 086 172...
SA telecoms share price performance in 2022 compared
South Africans who bought shares in any of the country's six JSE-listed telecoms companies at the start of 2022 would have seen declines in their investment over the year.
MyBroadband analysed the share price performance of these companies...
Huge Networks and Huge Telecom merge
Huge Group has announced the merging of its Huge Networks and Huge Telecom businesses, and appointed Dr Marius Oberholzer to lead the combined entity.
Oberholzer says in the near term, he envisions a R300 million-turnover entity serving over 19,000 business...
Huge Group to buy stake in Interfile
Huge Group will make a significant investment in the Interfile Group, comprising Internet Filing and Ionise Technologies. The value of the deal was not disclosed.
Interfile develops and licences its own software and has over 20 years of experience in...
South Africa's best telecoms CEOs for shareholder returns
An analysis by Daily Investor revealed that Sizwe Nxasana, Ralph Mupita, and Phuthuma Nhleko are the telecommunications CEOs who provided the best shareholder returns.
For this analysis, Daily Investor looked at the shareholder returns...
South African telecoms share prices in 2022 — From best to worst for the year so far
Telkom's share price took the biggest beating of JSE-listed telecommunications companies in 2022 — until news broke that it is in acquisition talks with MTN.
The price of a Telkom share slumped nearly 37%...
Best paid telecoms CEO in South Africa
The best-paid telecoms CEO in South Africa is MTN Group's Ralph Mupita, who received a salary package of R84.2 million rand over the 2020/21 financial year (FY).
Mupita's pay for the year was almost R17 million more than the next-highest paid telecom CEO...
blue label telecoms
brett levy
hugegroup
jaco-muller voigt
james herbst
mark levy
mtn
ralph mupita
shameel joosub
sipho maseko
telemasters
telkom
vodacom
Huge Group taking over Tethys
South African telecoms and technology company Huge Group has announced it will acquire Tethys Mobile, the company formerly known as Virgin Mobile South Africa.
"The board of directors of Huge Group is pleased to announce that it has concluded a series of...
Huge Group signs deal to acquire stake in super app maker Glovent
Huge Group has announced an agreement to acquire Glovent Solutions Proprietary Limited by way of a subscription for new ordinary shares of Glovent.
Huge Group says the buy will give it an interest in an exciting global growth...
Huge Group's message to Adapt IT shareholders
Huge Group has released a video that promotes its offer to Adapt IT shareholders, saying it provides better prospects to shareholders than Volaris’ R7.00 per share cash offer.
This video followed a statement from Adapt IT on 30 June 2021, saying...
Adapt IT's strange share price moves explained
Adapt IT’s share price has declined from R7.46 on 31 May to R6.30 on 18 June despite receiving higher offers from Huge Group and Volaris.
Late last month, Huge Group increased its offer to Adapt IT shareholders from an effective R5.52 per share to...
Adapt IT board rejects Huge Group offer
The board of Adapt IT has recommend that its shareholders reject the offer of Huge Group to acquire all of the company's issued shares.
This comes after Huge Group had in January made a general offer to acquire up to 100% of the entire issued share...
Adapt IT and Volaris deals under threat following Sbu Shabalala's assault allegations
Sasfin Securities deputy chairman, David Shapiro, says there will be pressure on Volaris and Huge Group to step back from their plans to acquire Adapt IT following allegations of armed assault against CEO Sbu...
Questions raised over Adapt IT CEO Sbu Shabalala’s property deal
There are a number of Adapt IT shareholders who do not think it is good for CEO Sbu Shabalala to own the building his company uses for its head office as the tenant’s interests are secondary to the landlord’s interests.
This is...