Altech extends Huawei partnership
Allied Technologies (Altech) and Chinese ICT firm, Huawei are extending their partnership by establishing a service and support-focused business unit for enterprise customers in Africa.
The new entity will be branded as Altech Collab and will reside within Altech’s New Business Development division, the companies said.
The business is dedicated exclusively to the provision and ongoing support of IT solutions and services to its enterprise customers.
In August 2012, Altech and Huawei entered into a long-term agreement to provide Huawei Enterprise products and services to customers across Africa.
The agreement covers a number of countries including South Africa, Angola, Botswana, DR Congo, Kenya, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Swaziland, Tanzania, Zambia and Zimbabwe.
In August 2013, Altech delisted from the JSE as the company was swallowed up by its parent company, Allied Electronics (Altron), in a R1.8 billion deal.
Altech, along with its subsidiary Bytes Technology now for a part of Altron TMT (Telecommunications, Multimedia and Information Technology), a division within Altron.
In morning trade on the JSE, Altron shares were down 45 cents, or 1.96%, to R22.50, giving the company a market capitalisation of R7.87 billion.