Huge Group | Press Releases

By: Huge Group  11-11-2011

28 June 2011 - Huge Group

The board of directors ("the Board") of Huge is pleased to present the condensed reviewed financial results for the year ended 28 February 2011.

26 November 2010 - Huge Group

Huge Group, an AltX-listed investment holding company which is focused on building shareholder value and specialises in telecommunications and media, today reported unaudited results for the six months ended 31 August 2010. Huge reported a 275% increase in basic earnings per share, turning from a loss of 5.43 cents per share in August 2009 to earnings of 9.49 cents per share in the first half of this financial year.

The net asset value per share rose 19% to 272 cents per share.

29 October 2010 - Huge Group

Huge Group today welcomed the announcement by ICASA of an impending drop in interconnect rates between telecommunications providers in South Africa.

8 October 2010 - Huge Group

Steve Tredoux, a director of Huge Group since August 2008, has accepted the position of non-executive chairman of the Group. Tredoux replaces Anton Potgieter, who has handed over the post of executive chairman after holding the position since the resignation of the previous chairman in July 2007.

1 June 2010 - Huge Group

A marked turnaround at Huge Group in the second half of the year turned an interim loss into a year-end net profit of R8 million.

10 December 2009 - Huge Group

Huge Telecom announced today that they have signed an agreement with CMC Networks to provide a comprehensive set of converged services to South African businesses.

26 November 2009 - Huge Group

Huge Group announced the launch of its latest operating subsidiary, Huge Media, in Johannesburg today.

12 November 2009 - Huge Group

Huge Group is pleased to announce that its dispute with the JSE has ended after the JSE announced it had imposed a public censure but no fine on the company.

12 October 2009 - Huge Group

As part of Huge Telecom’s promise to source and deliver market leading solutions directly to its customers, it has signed an agreement with NGN Telecoms.

17 September 2009 - Huge Group

Managed Telecoms provider, Huge Telecom, and ECN, an Alternative Network provider have signed an agreement which would see Huge adding ECN’s voice products into its portfolio of services.

31 August 2009 - Huge Group

Huge Group, an AltX listed company specialising in managed telecommunications, today reported that its revenues for the year ended 28 February 2009 had increased by a further R2,7 million with the auditing of the year-end results.

26 August 2009 - Huge Group

Huge Telecom announced today that they have appointed cellular routing pioneer Greg Wright to head up their newly created Channel and Distribution division at Huge.

24 July 2009 - Huge Group

The introduction of Seacom has been met with great excitement and expectancy.

2 July 2009 - Huge Group

Huge Group has welcomed Communications Minister Siphiwe Nyanda’s approach to bringing down the cost of telecommunications in South Africa.

29 May 2009 - Huge Group

Huge Group, an AltX listed company specialising in managed telecommunications, today reported increases in its customer base, revenue and gross profit as it expanded its operations.

6 May 2009 - Huge Group

The Huge Wide Ride charity cycle has successfully reached its destination, and has raised over R160 000 for an 8-year old girl suffering from a rare condition.

15 April 2009 - Huge Group

Huge Group announced yesterday that it has made significant progress in its subsidiary Huge Telecom in its quest to make the Group more environmentally sustainable.

7 April 2009 - Huge Group

Huge Group Ltd has announced its second acquisition this year, of the business of African Paradigm Communications, trading as One Communications (OneCom) and VoCall, for an undisclosed sum.

3 April 2009 - Huge Group

Huge Group today announced the possibility of a private equity offer to be made equally to all shareholders at a significant premium to the current share price and backed by an unnamed financial investor seeking a significant shareholding in the company.

23 March 2009 - IT-Online

Huge Group has secured a majority stake in mobile advertising start-up, Eyeballs Mobile Advertising.

18 March 2009 - ITWeb

Despite a global and financial credit crisis, Huge Group has found a way to repurchase 16.07% of its own shares, thereby lifting pro-forma earnings per share, and net asset value per share at 31 August 2008, by 19.14%.

18 March 2009 - Huge Group

Huge Group directors, James Herbst and Anton Potgieter, have hit back at allegations of a related party transaction, stating that the case is not cut and dried as this would have resulted in the JSE taking action much sooner.

18 February 2009 - ITWeb

The Huge Group, which owns managed telecommunications service provider, Huge Telecom, has announced three new board appointments, which it believes will enable the group to take advantage of the changing business landscape in South Africa.

9 December 2008 - Huge Group

The Competition Tribunal of South Africa has denied the Huge Group leave to intervene in the hearing of the MTN-iTalk merger.

13 November 2008 - ITWeb

AltX-listed Huge Group has conducted a major restructuring of its board of directors, in order to streamline management functions and operations.

25 August 2008 - ITWeb

Earlier this month, leading managed telecommunications company, Huge Telecom, part of the Huge Group, contributed in excess of R100 000 to the non-profit organisation, Children in the Wilderness, a rural children's environmental and life skills programme for vulnerable children.

25 April 2008 - ITWeb

Top telecoms company The Huge Group, which listed on the AltX in August 2007, has announced that it expects its maiden profits to be substantially higher than that stated in its prospectus.