Huge Telecom acquire's Otel's stake in Huge Networks for R15 million

[Jan]

Huge Telecom buys Huge Networks stake from Otel for R15 million

Huge Telecom, a wholly-owned subsidiary of Huge Group, has concluded an agreement to acquire Otel Communications’ 49.98% share in Huge Networks for R15 million.

Following this deal, Huge Networks will become a wholly-owned subsidiary company of Huge Telecom.

 

[Gatecrasher]

Sadly, R15 million is no longer Huge.