The Venters’ dilemma
Jeffrey Hedberg’s short-lived tenure as chief operating officer of Altech and CEO Craig Venter’s very public reaction to his resignation appear to reflect deep underlying tensions in the Venter family empire. Can Altron founder Bill Venter, now 77, hold the family-run
Altech’s Venter attacks newspaper over report
Altech CEO Craig Venter has taken umbrage at a report in the Sunday Times that questioned his leadership style and that implied it may be time for him to step down from the JSE-listed technology group. The article, published in the Business Times section of the newspaper on 29 January, said
Rivonia gets high-speed fibre access
Independent telecommunications infrastructure operator Metrofibre Networx has extended its “open-access” fibre network across the Johannesburg suburb of Rivonia, meaning businesses and some residential homes in the area can now get high-speed Internet connections of up to 1Gbit/s. The area covered
ZA Tech Show: Episode 195 – ‘Extremely rad’
Your crew this week consists of Andy Hadfield, Brett Haggard and Simon Dingle. They discuss Alan Knott-Craig taking the reins at Cell C, Jeffrey Hedberg leaving Altech, BlackBerry’s CEO shuffle, Microsoft’s renaissance post Gates, CEO Twitter rockstars and social networking in 2012, and much more
TalkCentral: Episode 58 – ‘Musical chairs’
Duncan McLeod, back from Las Vegas and the Consumer Electronics Show (CES), joins Craig Wilson in the studio this week to talk about the musical chairs among SA technology executives, looking at, among other developments, the resignation of Jeffrey Hedberg from Altech and the appointment of Alan Knott-Craig
Hedberg joins management exodus from Altech
Jeffrey Hedberg has resigned as Altech’s chief operating officer less than nine months after joining the JSE-listed technology group, adding to a growing exodus of top management. Hedberg, a US national who was previously acting group CEO at Telkom, was appointed to Altech
Service providers in a ‘race to the bottom’
Next year will bring significant consolidation among SA’s Internet service providers as they battle a difficult, deflationary environment. That’s the view of Altech Technology Concepts CEO Wayne de Nogreba, who says the industry is in a “race to the bottom” as bandwidth prices plummet and
How much Reunert paid for ECN
JSE-listed technology and telecommunications group Reunert paid R171,9m for privately held ECN Telecommunications, its 2011 financial results show. Of this, R107,8m was in the form of goodwill, which means Reunert attached a fair market value to ECN of R64,1m
Gov’t under fire over EC Act amendments
The GSM Association, an influential industry body that represents most of the world’s mobile operators, has warned that centralising spectrum decisions in SA’s ministry of communications could result in spectrum being allocated to companies or government agencies that
Altech walks away from East Africa talks
JSE-listed technology and telecommunications group Altech is no longer in talks to buy Kenyan IT firm Symphony, it said in a statement on the JSE’s Sens news service on Wednesday. “In response to speculation regarding Altech’s interest in unlisted