The JSE-listed group buys a 30% stake in British Telecoms SA from its parent company AEEI, for R990 million.
The AEEI subsidiary will be listed in the Computer Services sector of the main board of the bourse.
The group's technology division helped push interim revenue 47% higher, as it prepares for a potential listing of this division.
Khalid Abdulla was named the top empowered business leader of the year at the 16th Oliver Empowerment Awards.
The acquisition of Headset Solutions will complement and grow AEEI's technology division with additional capabilities and technical skills.
The 57% investment in Puleng Technologies will help boost its technology division and provide strong returns on investments, says AEEI.