Dimension Data’s telecommunications division Internet Solutions (IS) may make use of some of the innovative technology coming out of Japan’s Nippon Telegraph & Telephone Corp (NTT) as it steps up the roll-out of its own telecommunications network infrastructure. That’s the word from Didata chairman Jeremy Ord, who was speaking to TechCentral a day after the London- and Johannesburg-listed group announced it was being acquired by NTT in an all-cash deal worth R24,4bn.
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.
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