Jasco concludes Midrand HQ disposal
Jasco has completed the sale of its headquarters in Midrand as part of its strategy to dispose of non-core assets.
“We have sold our Jasco HQ property in Midrand. This is part of our strategy to dispose of non-core assets and will allow the group to further bolster the business with ‘bolt on’ acquisitions,” a spokesperson for the Jasco told BusinessTech.
In February, Jasco highlighted the benefits of a restructuring programme, along with the integration of ICT group, Spescom for a 55% rise in H1 revenue.
Last month, it issued a statement indicating that it expected its headline earnings per share for the year ended June 2012, to be between 15.4 cents and 18.2 cents, from 14 cents recorded in 2011.
Jasco Converged Solutions, a business unit within Jasco ICT Solutions, is aiming to refocus the ICT and telecoms service model firmly on the customer, addressing changing market needs with innovative, flexible solution offerings.
In line with trends – such as increasing demand for a move from Capex to Opex payment models; adoption of hosted services and cloud applications; mobility requirements; Bring Your Own Device (BYOD); and more – Converged Solutions delivers a full range of network-neutral managed telecoms and ICT services for the medium to large enterprise, enabling organisations to take advantage of the latest technologies.
These solutions can also be integrated with offerings from throughout the greater Jasco Group, delivering true end-to-end converged connectivity and communication solutions, the group said.
Converged Solutions incorporates previous businesses, Maringo Communications, ARC Telecoms, and CAG – a voice business basd in the Eastern Cape. “
This is how the business unit will be marketed, and will form part of the group marketing strategy for Jasco ICT Solutions,” said Paven Chetty, managing executive at Jasco Converged Solutions.
Chetty said that Converged Solutions offers a range of ISP and Telecommunication solutions – made up of various ICT services (last mile, Internet access, VoIp and hosted services.
“We do not offer a ‘one size fits all’ package offering but rather a tailored solution that is suited to the client’s needs and requirements with the various products and services we have in our fold.”
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