Here they are. TechCentral’s top-five newsmakers of 2010. Our “Newsmakers of the Year” award is presented to individuals we believe had the biggest impact on SA’s technology sector in the past 12 months. For the most
Browsing: Dimension Data
Dimension Data is ending its 23-year listing on the JSE on a high note. The IT group, which is being acquired by Japan’s Nippon Telegraph and Telephone (NTT) Corp, reported a 9,9% increase in sales in constant currency terms in the 2010 financial year
There’s no end to the news flow in SA’s telecommunications industry. The big news this week is the new joint venture between Cell C, Convergence Partners and Dimension Data’s Internet Solutions, FibreCo, which will build a national transmission network at an eventual cost of R5bn.
In a development that could change the dynamics of SA’s telecommunications industry, mobile operator Cell C, Dimension Data division Internet Solutions and Andile Ngcaba’s Convergence Partners have teamed up to build a R5bn, 12 000km national fibre-optic network.
Retail group Spar has teamed up with Telkom and international network optimisation company Expand Networks in a R20m deal to boost the speed of the 900 telecommunications links that connect its franchise stores.
Dimension Data will suspend trade of its shares on the Johannesburg Stock Exchange on Tuesday. The suspension comes the group prepares to be bought of Japan’s Nippon Telegraph and Telephone (NTT) Corp for R24,4bn in cash.
About 93% of Dimension Data shareholders have approved the sale of the listed IT group to Japan’s Nippon Telegraph and Telephone (NTT) Corp, clearing the way for its delisting from the Johannesburg and London stock exchanges.
London- and Johannesburg-listed IT group Dimension Data is stepping up its presence in New Zealand with the acquisition, for an undisclosed amount, of IT services business Integral Axon Computer Services. The private held company
The sale of SA’s Dimension Data to Japan’s Nippon Telegraph and Telephone Corp (NTT) has received approval from the Competition Commission. The Commission has referred the deal to the Competition Tribunal and has recommended the deal go through without conditions.
With more than half a dozen SA operators rolling out their own national networks, consolidation in SA’s telecommunications industry looks inevitable. There’s a chance Cell C and Dimension Data could be the ones to kick it off. Didata division Internet Solutions looks a bit like the odd man out these days. The converged service provider, which remains a powerful force in the corporate market, is the only big player in its space that doesn’t have its own significant investment in telecoms infrastructure.