ELLIES Holdings’ move to separate its consumer and infrastructure businesses should help prop up its cash flows and ease access to funding.The two entities require different funding and operational models, which serves to distract management from the core business of electronic consumables, says CE Wayne Samson.“The two had compatibility differences and that resulted, over time, in the need for different management strategies,” he says.Ellies’ core business of producing and distributing television satellite dishes, remote controls and other accessories already had problems of its own, says Samson.The company has been caught up in government’s indecision over digital terrestrial television migration, which has also delayed the manufacture of set-top boxes. Ellies has been chosen as one of the manufacturers of these.Unbundling Megatron, the electricity infrastructure and renewable power business, will put both entities in a position to take advantage of their respective markets and fu...
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