TechCentralTechCentral
    Facebook Twitter YouTube LinkedIn
    Facebook Twitter LinkedIn YouTube
    TechCentralTechCentral
    NEWSLETTER
    • News

      Load shedding returns, and may last until Thursday

      16 August 2022

      Jo’burg to issue RFP for 500MW of electricity ‘within weeks’

      16 August 2022

      MTN hires outgoing Icasa CEO Willington Ngwepe into top role

      16 August 2022

      Rain in embarrassing climbdown over Telkom statement

      16 August 2022

      Coal miner Seriti plans R12-billion Mpumalanga wind farm

      16 August 2022
    • World

      Semiconductor boom turns to bust

      16 August 2022

      Tencent plans to offload R400-billion Meituan stake: sources

      16 August 2022

      Ether leaps higher on verge of Merge

      16 August 2022

      Institutions eye crypto but retail investors remain nervous

      15 August 2022

      Tencent woes mount, even after $560-billion selloff

      12 August 2022
    • In-depth

      African unicorn Flutterwave battles fires on multiple fronts

      11 August 2022

      The length of Earth’s days has been increasing – and no one knows why

      7 August 2022

      As Facebook fades, the Mad Men of advertising stage a comeback

      2 August 2022

      Crypto breaks the rules. That’s the point

      27 July 2022

      E-mail scams are getting chillingly personal

      17 July 2022
    • Podcasts

      Qush on infosec: why prevention is always better than cure

      11 August 2022

      e4’s Adri Führi on encouraging more women into tech careers

      10 August 2022

      How South Africa can woo more women into tech

      4 August 2022

      Book and check-in via WhatsApp? FlySafair is on it

      28 July 2022

      Interview: Why Dell’s next-gen PowerEdge servers change the game

      28 July 2022
    • Opinion

      No reason South Africa should have a shortage of electricity: Ramaphosa

      11 July 2022

      Ntshavheni’s bias against the private sector

      8 July 2022

      South Africa can no longer rely on Eskom alone

      4 July 2022

      Has South Africa’s advertising industry lost its way?

      21 June 2022

      Rob Lith: What Icasa’s spectrum auction means for SA companies

      13 June 2022
    • Company Hubs
      • 1-grid
      • Africa Data Centres
      • Altron Document Solutions
      • Amplitude
      • Atvance Intellect
      • Axiz
      • BOATech
      • CallMiner
      • Digital Generation
      • E4
      • ESET
      • Euphoria Telecom
      • IBM
      • Kyocera Document Solutions
      • Microsoft
      • Nutanix
      • One Trust
      • Pinnacle
      • Skybox Security
      • SkyWire
      • Tarsus on Demand
      • Videri Digital
      • Zendesk
    • Sections
      • Banking
      • Broadcasting and Media
      • Cloud computing
      • Consumer electronics
      • Cryptocurrencies
      • Education and skills
      • Energy
      • Fintech
      • Information security
      • Internet and connectivity
      • Internet of Things
      • Investment
      • IT services
      • Motoring and transport
      • Public sector
      • Science
      • Social media
      • Talent and leadership
      • Telecoms
    • Advertise
    TechCentralTechCentral
    Home»News»Major changes afoot at Dimension Data, sources say

    Major changes afoot at Dimension Data, sources say

    News By Duncan McLeod2 August 2018
    Facebook Twitter LinkedIn WhatsApp Telegram Email
    Grant Bodley … won’t comment on speculation

    Dimension Data and its parent, Nippon Telegraph and Telephone (NTT) Corp, are poised to announce a major restructuring as early as next week, according to sources who claim to have knowledge of the situation.

    The plan, they say, is to fold Dimension Data into the Japanese telecommunications giant’s NTT Communications unit.

    Details are scant for now — and Dimension Data is not commenting — but it’s understood an announcement could be made by NTT by the middle of next week. The South African IT services group was bought by NTT in 2010 in a £2.1-billion deal (R24.4-billion at the time) and was then delisted from the Johannesburg Stock Exchange and the London Stock Exchange.

    NTT has not announced any changes to the structure, operations or management of the company. We do not comment on industry speculation or market rumour

    Until now, Dimension Data has operated as an autonomous unit within the NTT Group. It’s not known if the developments mean that the Dimension Data brand will fall away in favour of NTT Communications or some other name.

    NTT Communications, also known as NTT Com, was established in 1999. It is NTT’s largest subsidiary and provides network management, security and other technology solutions to consumers, businesses and governments around the world.

    In response to e-mailed questions from TechCentral, Dimension Data Middle East and Africa CEO Grant Bodley said only that “NTT has not announced any changes to the structure, operations or management of the company. We do not comment on industry speculation or market rumour.”

    Bodley referred TechCentral to the press release sections of the NTT and Dimension Data websites for any future updates.

    TechCentral understands that it has been NTT’s intention for some time eventually to fold Dimension Data into NTT Com, but that this has been brought forward for reasons that are not immediately clear.

    Dimension Data, which was the largest listed IT company in South Africa before the buyout and delisting, declined to comment on what the apparent decision to merge the entities will have on the South African company’s operations and on management reporting lines. It also declined to comment on whether the Dimension Data brand will be retained, whether the move will result in job losses and whether the company’s head office will be relocated from South Africa to another territory.

    Internet Solutions

    Meanwhile, separate speculation in the market is that Dimension Data Middle East and Africa division Internet Solutions, which said last month that it will be begin a fresh round of retrenchments, may be more tightly integrated into Dimension Data. It’s understood that if the plan goes ahead, sales, finance, cloud, security and other teams could be merged under one umbrella. Bodley also declined to comment on questions related to this.

    TechCentral first reported two weeks ago that Internet Solutions had begun a restructuring process that could lead to as many as 200 positions being made redundant. Support and installation teams were said to have been given letters and asked to reapply for their jobs. A well-placed source said the impending layoffs came after the Internet and telecommunications provider failed to meet earnings forecasts.

    Internet Solutions MD Saki Missaikos said the company was still early in the process and could not confirm exactly how many jobs would be affected. — © 2018 NewsCentral Media

    Dimension Data Grant Bodley Internet Solutions NTT NTT Communications NTT Corp Saki Missaikos top
    Share. Facebook Twitter LinkedIn WhatsApp Telegram Email
    Previous ArticleApple is now a $1-trillion company
    Next Article Interview: Sam Beckbessinger on managing your money

    Related Posts

    Load shedding returns, and may last until Thursday

    16 August 2022

    Jo’burg to issue RFP for 500MW of electricity ‘within weeks’

    16 August 2022

    MTN hires outgoing Icasa CEO Willington Ngwepe into top role

    16 August 2022
    Add A Comment

    Comments are closed.

    Promoted

    HPE SimpliVity: addressing SMBs’ data conundrums

    16 August 2022

    Digital transformation – don’t get caught unprepared

    16 August 2022

    Seven reasons your business needs IP surveillance cameras

    15 August 2022
    Opinion

    No reason South Africa should have a shortage of electricity: Ramaphosa

    11 July 2022

    Ntshavheni’s bias against the private sector

    8 July 2022

    South Africa can no longer rely on Eskom alone

    4 July 2022

    Subscribe to Updates

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    © 2009 - 2022 NewsCentral Media

    Type above and press Enter to search. Press Esc to cancel.