Jasco warns of loss as clients spend less on infrastructure
The group provides critical installation, support and maintenance for telecommunications operators, which have cut back on spending
24 March 2020 - 11:46
Technology group Jasco Electronics warned it had swung to a loss in its six months to end-December as SA's telecommunications operators cut back on their infrastructure spending
The group, which provides transmission and operational support systems for telecommunications networks across Southern Africa, said in a trading update it expected a headline loss per share of between 5.1c and 5.3c, from headline earnings of 1.3c previously...
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