Dimension Data is at an advanced stage of talks to sell The Campus, long the site of its head office in Johannesburg, TechCentral has learnt.
Dimension Data senior managers are approaching lenders and investors to raise cash for a possible deal for the group’s Africa and Middle East operations, which could be valued at about $800-million.
Dimension Data Group CEO Jason Goodall has been named as the candidate for the role of CEO of Nippon Telegraph and Telephone Corp’s new global operating company.
NTT on Tuesday announced a major restructuring affecting several of its principal subsidiaries, including Dimension Data, NTT Communications and NTT Data, intended to make the group “more competitive and profitable” on the global stage.
Dimension Data and its parent, Nippon Telegraph and Telephone Corp, are poised to announce a major restructuring as early as next week, according to sources who claim to have knowledge of the situation.
Nippon Telegraph & Telephone Corp has attracted competing interest from MTN Group and Vodacom Group for the African operations the former Japanese monopoly acquired with the takeover of Dimension Data