Feeds

Mint Wireless exits channel

Disto no more

  • alert
  • submit to reddit

The essential guide to IT transformation

Mint Wireless has announced the sale of its technology distribution business to Hong Kong-based Speed Channel Limited.

The Mint Technology subsidiary sells memory, computer and phone accessories, A/V, software and cameras, including the hand-held range of Pico projectors. In its announcement to the Australian Securities Exchange, the company said it had determined that this operation was no longer core to its business.

The company says it will increase its focus on its mobile transactions business. In July, the company said it had won a deal for 3,000 terminals in Malaysia via its 51 percent-owned subsidiary J&C.

Mint recorded a loss of $AU2.3 million for 2010-2011 on revenue of $AU$11.7 million.

Speed Channel was incorporated in Hong Kong in April of 2010. While the company has the $AU1 million on hand to complete the purchase, it appears to have a very low profile. ®

5 things you didn’t know about cloud backup

More from The Register

next story
Microsoft exits climate denier lobby group
ALEC will have to do without Redmond, it seems
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
BYOD's dark side: Data protection
An endpoint data protection solution that adds value to the user and the organization so it can protect itself from data loss as well as leverage corporate data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?