Browsing: NTT

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What’s driving MWeb, IS talks

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

IS, MWeb merger on the cards?

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

Didata’s SA telecoms plans revealed

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

Duncan McLeod
Big shifts looming in SA telecoms

Talk of consolidation in the telecommunications industry is rife, with speculation growing that a number of operators are either in play or may soon be. But how might a flurry of mergers and acquisitions play out? At the centre of current speculation is Neotel. Licensed

Didata in R326m Kenya acquisition

Dimension Data is set to acquire Kenyan technology supplier and corporate Internet services company AccessKenya Group for R326,4m. Didata has made an open-market offer to purchase all of AccessKenya’s 218m shares at a purchase price of Ksh14/share, a premium of 42% over last Friday’s close

Didata shoots for $12bn in revenue

Dimension Data, South Africa’s largest multinational technology services group, wants to double its revenue in the next five years, lifting turnover from about $6bn in 2012 to $12bn in 2017. At the same time, it has set itself a target of improving its operating margin to 7% from 5% now. The group, which is owned

Big management shake-up at Didata, IS

Dimension Data’s long-serving Africa and Middle East CEO Allan Cawood is stepping down at the end of May. This has triggered a management shake-up at the technology services group, with Internet Solutions (IS) MD Derek Wilcocks taking over the position

Could Didata refloat on the stock market?

Although there has been “no active discussion” about it, the possibility of SA-headquartered IT services giant Dimension Data relisting on the stock market is not entirely out of the question, the group’s chairman, Jeremy Ord, has revealed in an interview with TechCentral. Ord says he can’t say at this stage

New national mobile network on the cards

Convergence Partners, the technology investment vehicle controlled by Dimension Data Africa chairman Andile Ngcaba, wants to work with partners to build a multibillion-rand national wholesale mobile broadband network using long-term evolution (LTE) technology. TechCentral has learnt exclusively that Convergence Partners

Dimension Data soars despite weak economy

SA-headquartered IT services giant Dimension Data grew revenues in constant currency by 14,8% to US$5,8bn in the year to 30 September 2011, with operating profit climbing by 10,8% on the back of the strong improvement in sales. In reported currency, Didata’s revenue line grew