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Altech : pioneer in the South African ICT industry. Part A, Path to restructuring / Stephanie Townsend, Gillian Marcelle & Rita Sikhondze.

By: Contributor(s): Material type: TextSeries: Publisher: [London] : SAGE, 2016Description: 1 online resource : illustrations (black and white, and colour)Content type:
  • text
  • still image
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9781473964099 (ebook) :
Subject(s): DDC classification:
  • 658.4012 23
Online resources: In 1996, a drop in the share price had forced newly appointed Altech CEO Craig Venter to change direction drastically. From a company heavily reliant on electronic products but with no specific focus, Altech was restructured into a group with a telecommunications, multimedia and IT (TMT) focus. It successfully diversified away from products towards services, with a concomitant increase in annuity revenue. This volume examines how Altech dealt with the process changing its core business strategy.
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Originally Published in: Townsend, S., Marcelle, G., & Sikhondze, R. (2011). Altech - Pioneer in the South African ICT Industry: Path to Restructuring (Part A). WBS-2011-1a. Johannesburg: The Case Centre, Wits Business School.

In 1996, a drop in the share price had forced newly appointed Altech CEO Craig Venter to change direction drastically. From a company heavily reliant on electronic products but with no specific focus, Altech was restructured into a group with a telecommunications, multimedia and IT (TMT) focus. It successfully diversified away from products towards services, with a concomitant increase in annuity revenue. This volume examines how Altech dealt with the process changing its core business strategy.

Description based on online resource; title from home page (viewed on April 27, 2016).

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