ITC Global ups holding in Guinee SARL
BUSINESSBy BiztechAfrica - Aug. 21, 2012, 8:36 a.m.
ITC Global, an international provider of enterprise grade satellite communications to mining, energy and maritime businesses, has acquired the remaining 10% interest in ITC Guinee SARL.
As a result of this transaction, ITC Global will own 100% of ITC Guinee SARL. Through ITC Guinee SARL, ITC Global will continue to provide networking solutions on a global basis, focusing on Africa-based client sites.
"Increasing ownership in one of our key markets is a core strategic objective for ITC Global. We have invested in Africa for many years, and will continue to serve our clients in Africa and globally with the outstanding service that ITC Global is known for," said Joseph Spytek, co-founder and Chief Executive Officer of ITC Global. "We will continue to increase our investment in Africa in the near term. This transaction solidifies our strong position in the attractive African market."
ITC Global's Guinea office has been fully operational since 2005 through an agency agreement and this location is fully staffed with a highly technical team that will continue to deliver ITC Global's customized solutions. ITC Global has recently been awarded industry standard HS&E certification for the Pilbara region, and the Company continues to operate under these standards throughout the world.
This location will continue to provide VSAT services and support, and will remain a critical location in the Company's geographic footprint. ITC Global will continue to offer a full range of services locally, including mobile VSAT trailer sales and rentals, Inmarsat satellite phone sales and rentals, VSAT installation, and Local Area Network infrastructure design and installation, among others.
MORE BUSINESS NEWS
Econet rejects base station reportEconet Wireless has released a statement refuting recent media reports around its importation of base stations. Read More
Nigeria: potential to become major economic forceA new McKinsey report finds that Nigeria has the potential to expand its economy by roughly 7.1 percent per year through 2030. Read More
Call for pan-African contact centre associationInteractive Intelligence has called for the creation of a call centre association for Nigeria and other African countries as a way of promoting a standard for call centres. Read More
AMI, Strathmore launch free online courses for managers and entrepreneurs in AfricaManagers and entrepreneurs in Africa can now gain advanced skills for free, with the launch of free online courses courtesy of the African Management Initiative (AMI). Read More
Bytes, NCR and Barclays in ATM dealBytes Managed Solutions, the exclusive distributor of NCR technology solutions in Southern Africa had signed a deal with Barclays Bank of Botswana (BBB) for the installation of intelligent cash deposit ATMs. Read More
Orange reports 8% revenue growthIntegrated telecommunications service provider Orange has announced an 8% revenue growth for the overall business for the first half of this year, compared to the same period last year. Read More
Business Connexion appoints CEOBusiness Connexion Group Limited has announced that Mr. Isaac Mophatlane has been appointed Chief Executive Officer of the company. Read More
Managed service support key to growth for iWayAfricaPan African telecoms operator, Gondwana International Networks (GIN) has announced that its iWayAfrica business will be partnering with managed services company, SevenC Computing to grow its foothold in key Africa territories. Read More
Dire need for top IT leadershipThere is a huge demand for top leaders with high-level information technology skills, but there are very few candidates who can fill these positions, one of SA’s leading executive search experts says. Read More
FEATURED STORYWidening ICT skills gap: Cause for concern
Nigeria's FDI gains could be eroded by the widening gap in indigenous skilled ICT manpower, writes Kokumo Goodie.
BEST READ NEWS
IN DEPTHKenya rolls out e-extension to improve agriculture
In a bid to curb the overwhelmed number of agricultural extension officers in Kenya, the ministry of agriculture is embracing technology with their introduction of E-Extension services, which are aimed at reaching out to over 7 million farmers annually.
COMPANY NEWSSchneider Electric introduces Smart-UPS fifth generation range to Southern Africa
Schneider Electric has announced that two next-generation models of its Smart-UPS uninterruptible power supply (UPS) units are now available locally.VMware reports second quarter 2014 results
VMware, the global leader in virtualization and cloud infrastructure, today announced financial results for the second quarter of 2014.New Sage ERP X3 version puts business information at your fingertips
Sage ERP Africa has announced the availability of Sage ERP X3 version 7, the latest version of its global business management solution for midsized companies.