Business Connexion has overtaken long-time incumbent Dimension Data to become the top IT company in South Africa as measured by its share of the market’s value, according to new research by International Data Corp. BCX’s performance is due to strong annuity-based
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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
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
Convergence Partners, the investment management firm controlled by Dimension Data Middle East and Africa chairman Andile Ngcaba, has raised US$145m (about R1,5bn) in the “first close” of a new sub-Saharan Africa-focused communications infrastructure fund
Telecommunications regulator Icasa’s new draft regulations on local-loop unbundling are “too vague” and “too broad” to be implementable, Dimension Data division Internet Solutions has warned in a submission on the proposed regulations. IS says that the only way to
It could take six months to conclude exclusive discussions between Vodacom and Neotel, Neotel CEO Sunil Joshi said on Wednesday. In September, Vodacom announced that it had entered into exclusive negotiations to acquire Neotel, ending months of speculation that the two sides were
So, Vodacom is in exclusive talks to buy Neotel. There’s no surprise there – that Neotel is for sale is one of the telecommunications industry’s worst-kept secrets. But if the deal goes ahead, which is far from certain, it could spark further, arguably much-needed consolidation in the sector
Vodacom and Neotel have finally confirmed what the market has known for some time: that they are in discussions regarding a potential acquisition by the mobile operator of Tata Communications-controlled operator. The two parties say the talks revolve around Vodacom
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