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Nashua sells subscriber bases to MTN, Vodacom
2014-04-14 10:01:00| Telecompaper Headlines
(Telecompaper) South Africa's Nashua Mobile has inked separate agreements with MTN and Vodacom to dispose off its subscriber bases. Nashua's parent company Reunert said it was unlikely that the business would generate acceptable returns, so it is selling the subscriber bases to the two operators for a combined gross sum of ZAR 2.26 billion. For the past several years Nashua Mobile has been trading in a saturated, highly competitive market. It has experienced declining ARPU due to lower network tariffs and lower out of bundle spend by customers. The decline in the least cost routing business and competitive pricing in the market have further reduced revenue. Nashua Mobile said its also pursuing the sale of its Cell C customer base to a third party. The culmination of these transactions will result in the closure of Nashua Mobile and its operations. The acquiring parties will maintain the current contractual arrangements with customers on the same terms. Closing of the transaction is subject to the approval of the Competition Authorities, until which Nashua Mobile's operations and customer services will continue uninterrupted.
Tags: bases
subscriber
sells
mtn
Q&A: Don Cooper sells companies on social media
2014-04-13 19:20:16| Biotech - Topix.net
Who thought it would be possible to make a profit from selling seeds and greeting cards door-to-door? It was possible for Don Cooper , who started doing at 7 years old, and then made it into a lifelong career.
Tags: don
media
social
companies
Comtech Telecommunications Corp. Director Edwin Kantor Sells 2,250 Shares
2014-04-12 20:49:16| Telecom - Topix.net
Comtech Telecommunications Corp. Director Edwin Kantor sold 2,250 shares of Comtech Telecommunications Corp. stock in a transaction that occurred on Friday, April 11th.
Tags: director
corp
shares
telecommunications
Pixelworks CEO Sells $73,200 in Stock
2014-04-12 11:15:24| Electronics - Topix.net
Pixelworks CEO Bruce A. Walicek sold 12,000 shares of the stock in a transaction dated Thursday, April 10th.
Tags: stock
ceo
sells
pixelworks
Insider Selling: Jeffrey E. Garten Sells 5,285 Shares of CarMax Stock
2014-04-12 11:13:02| Auto Dealers - Topix.net
CarMax Director Jeffrey E. Garten sold 5,285 shares of CarMax stock in a transaction dated Friday, April 11th.
Tags: stock
selling
shares
insider
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