The proposed acquisition of Dimension Data by Nippon Telegraph and Telephone Corp (NTT) is more about the Japanese telecommunications group than about the SA-based IT firm. That’s the view of consulting company Frost & Sullivan, which says NTT has embarked on a “fairly aggressive acquisition drive over the past two or three years”.
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The proposed acquisition by Japan’s Nippon Telegraph and Telephone Corp (NTT) of Dimension Data will give the SA-headquartered IT group’s Internet Solutions (IS) division access to one of the world’s largest telecommunications companies. IS MD Derek Wilcocks, reacting to the news of the proposed R24,4bn all-cash deal, says it’s “incredibly positive” for IS as it will make the Didata unit part of one of the “strongest global networks, with data centres around the world”.
Japanese telecommunications group, Nippon Telegraph and Telephone Corp (NTT), is buying SA IT group Dimension Data for £2,1bn (R24,4bn). The offer represents a R5bn premium to Didata’s value on Wednesday, before the offer was announced. Didata has already received commitments to support the deal from more than half its shareholders, including Didata directors, Venfin and Allan Gray.
Dimension Data subsidiary Merchants will take over and run Cell C’s customer call centre, the mobile operator has announced. It’s one of several initiatives aimed at improving Cell C’s customer service levels, says CEO Lars Reichelt, which include overhauling its billing system and moving its contact centre to Parktown
SA’s largest IT group, Dimension Data, has continued to show an improvement in its financial performance in the six months…
Johannesburg- and London-listed IT group Dimension Data has continued to weather tough global economic conditions, reporting a 6% year-on-year improvement…