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Our group at a glance

 

   
ALLIED TECHNOLOGIES LIMITED*
 
 
Description of business
As a leading South African multi-billion rand high-technology group, Altech is involved in the design, development and convergence of telecommunications equipment, multi-media systems and IT solutions. There is a strong focus on the convergence of these technologies and Altech is now also entrenched in the arena of secure technology solutions. Altech has ongoing access to the latest technologies worldwide, while the group’s own research and development programme actively encourages and promotes internal technology.

B-BBEE partners
Pamodzi Investment Holdings Limited   –   25.01% Altech IT   |   Key principals: Ndaba Ntsele and Solly Sithole
Thebe Investment Corporation and Identity Capital Partners   –   25% plus 1 share Altech Netstar   |   Key principals: Vusi Khanyile and Sonja Sebotsa

Operational structure and key products
Telecommunications and Converged Services
Telecommunications and Wireless Communications
  • Altech Autopage Cellular
  • Altech Supercall Cellular
  • Altech Mobile Direct
  • Altech Mobile Express
  • Altech Netstar
  • Altech Netstar Fleet Solutions
  • Altech Netstar Traffic
  • Altech Technology Concepts
Converged Services and Connectivity
  • Altech Alcom Matomo
  • Altech Alcom Radio Distributors
  • Altech Fleetcall
  • Altech Stream Rwanda
  • Kenya Data Networks
  • Altech Netstar Fleet Solutions
  • Swift Global (Kenya)
  • Infocom (Uganda)
Multi-Media and Electronics
  • Altech UEC
  • Altech MediaVerge Solutions
  • Altech Global Decoder Logistics
  • Arrow Altech Distribution
Information Technology
  • Altech Card Solutions
  • Altech NuPay
  • Altech West Africa
  • Altech Isis

Financial highlights
REVENUE
R9.2 billion

EBITDA
R1.2 billion

  • Pleasing performance by Altech with 7% growth in operating profit
  • West and East Africa operations perform according to expectations
  • Strong growth in Fleet Management
  • Strong performance from new acquisitions – Fleetcall, Technology Concepts and NuPay
  • Margins maintained and market leadership enhanced at all operations

Prospects
  • Annuity income (defensive)
  • Cost containment
  • Maintain operating margins
  • Strong balance sheet
  • Continued diversification of income base in TMT sector through:
    – globalisation;
    – M&A activity; and
    – convergence opportunities
  • Evaluating expansion of Altech Data Centre strategy across Africa
  • East Africa remains core focus

Total number of employees
Headline earnings
Group contribution
4 041