{"id":552054,"date":"2007-04-19T07:33:11","date_gmt":"2007-04-19T07:33:11","guid":{"rendered":"http:\/\/localhost:8888\/wordpress\/technology\/552054-datapro-s-plan-comes-together.html"},"modified":"2007-04-19T07:33:11","modified_gmt":"2007-04-19T07:33:11","slug":"datapro-s-plan-comes-together","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/technology\/552054-datapro-s-plan-comes-together.html","title":{"rendered":"DataPro\u2019s plan comes together"},"content":{"rendered":"<p><font size=\"2\">Operating profit rose 154% to R16.3 million and net profit for the period 150% to R11.6 million. The Group attributes its performance to a combination of strong organic growth in its voice and data businesses as well as to the success of its acquisition strategy. <\/font><\/p>\n<p><font size=\"2\">\u201cWe\u2019ve successfully combined significant new investments with excellent results from our existing businesses,\u201d says CEO Douglas Reed. <\/font><\/p>\n<p><font size=\"2\">\u201cAll our mature business units are showing strong organic growth, with the monthly contracted annuity base increasing by 23% in the six months to end February, even without the impact of the Orion purchase.\u201d Reed says the integration of the Orion business is on track and proving \u201crelatively painless\u201d. <\/font><\/p>\n<p><font size=\"2\">The group expects revenue growth in the next six months to be even higher, as there is traditionally a seasonal dip over the December holiday period. <\/font><\/p>\n<p><font size=\"2\">\u201cThe Group\u2019s transformation into a major alternative telecommunications supplier for South Africa is well on track,\u201d says Executive Chairman Tony van Marken. \u201cThe acquisition of Orion is proving to be a strategic coup and we\u2019re well placed to maximise the opportunities that are about to open up as our interconnects with the incumbent operators go live.\u201d <\/font><\/p>\n<p><font size=\"2\">DataPro already interconnects with Telkom and Vodacom, with MTN and Cell C interconnects due to be implemented shortly. Van Marken says the Group will continue to expand, upgrade and integrate its network infrastructure into a single platform to support its core data business as well as its growing VoIP platform. <\/font><\/p>\n<p><font size=\"2\">\u201cThe interconnects we\u2019ll shortly have in place will allow us to play in the lucrative voice sector for the first time,\u201d says Reed. \u201cThe playing fields are still far from even, but at least we\u2019re now allowed in the game, and deregulation is adding to the industry\u2019s growth momentum.\u201d<\/font><\/p>\n<p><font size=\"2\">Reed says the company\u2019s incubator businesses are progressing well and the Group\u2019s investment in VoxTelecom will pay off as deregulation becomes reality \u201cWe have good, established businesses, a fantastic customer base and R217 million in the bank. These results are just the beginning.\u201d<\/font><\/p>\n<p><a href=\"http:\/\/mybroadband.co.za\/vb\/showthread.php?t=72601\">Comments<\/a><\/p>\n<p \/>\n","protected":false},"excerpt":{"rendered":"<p>The DataPro Group has announced a 234% jump in revenues, to R263 million, in its unaudited results for the six months ending February 28, 2007. <\/p>\n","protected":false},"author":23,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-552054","post","type-post","status-publish","format-standard","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/552054"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=552054"}],"version-history":[{"count":0,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/552054\/revisions"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=552054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=552054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=552054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}