The Huge Group, which owns managed telecommunications service provider Huge Telecom, says its has saved its customers more than R500-million since its listing on the Alt-X in August 2007.
Huge Telecom provides its clients with managed telecoms services aimed at reducing the cost and increasing the efficiency of their telecommunications services.
"Telecoms costs in South Africa are still very high, and make up a large component of most corporates' monthly operating costs," says Anton Potgieter, executive chairman of the Huge Group. "Combine this with the current economic climate creating the need for corporates to tighten their belts, and we can expect telecommunications spend to come increasingly under the financial spotlight in the next few months.
"Our services become increasingly valuable during tougher times, because our focus is on saving our clients money," he adds, "Not only is our regular volume of business unaffected, but we are also now seeing an increase in interest in our cost-saving technologies from potential new customers."
Through its managed telecommunications solution, Huge Telecom says it saves clients more than R30-million a month.