Huge Group to merge with Otel

Huge Group is merging independent telco company Otel with its networks business, Huge Networks (the Transactions). Huge Networks is a subsidiary company of the JSE-listed Huge Group (JSE: HUG) and a data service provider and communications company. Otel is a nationwide provider of Voice over Internet Protocol (VoIP) and broadband Infrastructure-as-a-Service telecommunications solutions. The Transactions were implemented on 14 March 2019 and the Otel brand will be migrated to the Huge Networks brand during the course of 2019.