High-level talks between Naspers and Dimension Data, which could lead to the merger of the groups’ MWeb and Internet Solutions (IS) businesses, are probably being driven by a need by IS to become more of a full-service telecommunications
Browsing: AccessKenya Group
Five years after media giant Naspers put MWeb up for auction unsuccessfully, corporate action involving the Internet service provider may again be looming. According to a well-placed industry source, Dimension Data and Naspers have been engaged in talks about merging MWeb and Dimension Data
Following the successful conclusion of Dimension Data’s acquisition of AccessKenya Group for R328m, the Johannesburg-headquartered company has announced that it has appointed its Middle East and Africa CEO, Derek Wilcocks, to the Kenyan company’s board
Dimension Data, the Johannesburg-headquartered IT services group owned by Japan’s Nippon Telegraph and Telephone, wants to become a much more active player in South Africa’s mobile communications industry and has been involved in talks about potential deals that will help it do this
South African-headquartered technology services giant Dimension Data had concluded its R328m acquisition of East Africa’s AccessKenya Group, with all of the preconditions of the offer now satisfied. Didata is expected to pay shareholders who accepted the offer on
Dimension Data’s Ksh3bn (R355m) acquisition of AccessKenya Group has cleared another hurdle. The Kenyan company’s board of directors has recommended that shareholders accept the offer. The news comes after Kenya’s Capital Markets Authority formally approved the transaction last week
Pay-television operator MultiChoice is facing an investigation by Botswana’s Competition Authority over whether its prices and the way it structures its channels amounts to anticompetitive behaviour. According to a report, the decision to launch the probe follows a complaint laid by a member of the
India’s Tata Communications has rubbished talk that it plans to sell its South African subsidiary, telecommunications operator Neotel. Company spokesman Rozzyn Boy on Friday said Tata had no intention of selling the company. “We don’t have any plans to sell Neotel, no
Dimension Data is set to acquire Kenyan technology supplier and corporate Internet services company AccessKenya Group for R326,4m. Didata has made an open-market offer to purchase all of AccessKenya’s 218m shares at a purchase price of Ksh14/share, a premium of 42% over last Friday’s close