Linedata sells MobiMaster unit to Altech
Linedata Services Group today announced that it has signed a draft agreement with the South African group Altech for the sale of the non‑strategic assets MobiMaster, a leader in management and invoicing software solutions for mobile operators.
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These assets were integrated into Linedata Services when it acquired ESDS at the end of 2003.
This activity generates sales of less than EUR 2 million.
This cash sale will enhance the Group’s cash position.
Linedata Services is due to publish its Q1 2006revenue on May 10 after the close of the markets.