Dimension Data division Internet Solutions has bought 12-year-old online media streaming service Antfarm for an undisclosed sum. Launched in 2002, Antfarm provides streaming services live or on demand to the public and to corporate and government customers. Internet Solutions connectivity and
South African-headquartered global technology services group Dimension Data is acquiring “certain subsidiaries” of European multinational communications technology group NextiraOne for an undisclosed sum. The deal is being done in two parts. The first part of the transaction involves
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
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
