Enterprises
Power Technologies Limited
(Incorporated in the Republic of South Africa)
(Registration number 1946/022346/06)
("ISIN Number ZAE000015640 Share code: POW)
Media release
Aberdare demonstrates world-class technology to Transtel and Eskom
Enterprises
With the imminent roll-out of the telecommunications network for the Second
Network Operator (SNO), a delegation comprising senior executives from
Transtel, led by Transtel CEO, Karl Socikwa and Eskom Enterprises, led by
Executive Director responsible for Telecomms, Mr Vusi Ngubeni, as well as
representatives from the Aberdare Cables board, today paid a visit to the
newly commissioned fibre optic cable plant of Aberdare Cables located in
Markman, Port Elizabeth. Aberdare is a subsidiary of JSE-listed Power
Technologies Limited, a member of the Altron Group.
Chief Executive of Altron and Chairman of Aberdare Cables, Robert Venter
said: "The manufacturing plant in Markman has recently been upgraded at a
cost of approximately R25 million to meet the expected increase in demand
for fibre optic cables, but also to enable the manufacture of cutting-edge
technology products such as the AD-Lash cable."
With the AD-Lash technique, which is one of the chosen technologies for the
SNO network, the fibre optic cable is lashed onto the earth wire of existing
overhead transmission lines.
This technology facilitates the building of a new network infrastructure for
voice and data transfer in a rapid deployment.
Mr Venter led the hosting Altron/Aberdare delegation. In conjunction with
its empowerment partners, Ikwezi (who holds 10% of Aberdare Cables),
represented on the visit by its Chief Executive, Mr Thozamile Botha,
Aberdare Cables is one of the technological leaders to assist with SNO
network roll-outs in South Africa and the rest of the African continent.
Fellow Aberdare Board members, Mr Mkhuseli Jack of Ilinge and Mr Edwin Phala
of Kutlwano were also present.
The JSE-listed Powertech group has an annual turnover of R3.5 billion and
employs 5,000 people. Through its subsidiaries Aberdare Cables and Willard
Batteries currently it employs approximately 1,450 people in Port Elizabeth
and contributes over R150 million to the local economy. More information on
the Powertech group is available on the Internet at www.powertech.co.za
For additional information contact:
Regula Niehus - Communications Manager Powertech.
Telephone 706-7184 or,
Cell 083-442-6777.
ENDS.
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