Bloomberg News

Altech Earnings in East Africa to Rise, Business Report Says

March 04, 2012

Allied Technologies Ltd. (ALT) may get about a third of its earnings from eastern Africa as it expands operations in the region, Business Report said.

The Johannesburg-based company operates about 6,200 kilometers (3,583 miles) of fiber optic cable in the region, the newspaper said, citing Chief Executive Officer Craig Venter.

To contact the reporter on this story: Andres R. Martinez in Johannesburg at

To contact the editor responsible for this story: Andrew J. Barden at

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