Jasco swings to a loss as telecom firms spend less on infrastructure
30 March 2020 - 21:02
Technology group Jasco Electronics on Monday said it had swung to a loss for the 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 though the performance from continuing operations to December 2019 was weaker than the comparative period to December 2018, it improved from the preceding six months ended June 2019...
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