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PRESS RELEASE


 ALTECH PREVAILS YET AGAIN

2008/11/03 11:41:18

Altech announced today that it has been successful in opposing the Minister of Communications, Ivy Matsepe-Casaburri, in her application for Leave to Appeal against the Independent Communications Authority of South Africa (ICASA) / Value Added Network Services (VANS) judgment, which found in favour of Altech Autopage Cellular, on the 29th of August 2008. 

Acting Judge N. Davis heard the application for Leave to Appeal arguments from the Minister and the opposing arguments from Altech on Thursday 30th October 2008, and on Friday 31st October delivered his decision that the Minister’s application for Leave to Appeal would be refused on all points, with costs.

Craig Venter, Altech’s Chief Executive Officer commented “This is a powerful affirmation of our original court victory, and indicates that there is little prospect of any other court coming to a different conclusion. This brings Altech, the industry and the consumer within touching distance of a level playing field and fair market competition.”

Ends

PLEASE NOTE:
Media may obtain a hard copy of the judgment, with regards to the application for Leave to Appeal, from Edward Nathan Sonnenbergs Inc.

Contact: Sue Hayes
Tel:  011 269 7600
Email: shays@ens.co.za

Altech is a broad-based global high technology listed company offering products and services in the digital convergence space that lies at the intersection of telecommunications, technology and multimedia.


FOR MORE INFORMATION PLEASE CONTACT:

CRAIG VENTER: CHIEF EXECUTIVE OFFICER - ALTECH

TEL: (011) 715-9004
FAX: (011) 715-9045
CELL: 083 236 8000
EMAIL: cventer@altech.co.za

 

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