JAMIE CARR: Huge Group growing bigger all the time
Huge more than trebled its customer base in the year, and it believes this increase and the added breadth of its business add up to an inflection point in its growth story
There’s a lot to be said for a company that is so sure of its ambitions that it smacks them right on the tin. The only downside for an operation such as the Huge Group is that it would have been wide open for some ill-mannered tittering if it had puttered along for years as a microcap. Though revenues of about R401m for the year mean the company is still a little way from achieving hugeness — indeed, this amount would be equal to something of an immaterial rounding error for a company like Apple — it is definitely moving in the right direction. The group has made two significant acquisitions in the year to complement its core voice connectivity business, with Huge Connect offering connectivity to card-payment terminals and Huge Networks taking the company into network service provision and data communications. Huge more than trebled its customer base in the year, and it believes this increase and the added breadth of its business add up to an inflection point in its growth story.The...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.