Japan’s NTT will take full control of its wireless carrier business NTT Docomo for about 4 trillion yen ($37.9-billion), the Nikkei business daily reported on Tuesday.
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NTT Group is offering record pay to hire top scientists as it looks to match some of the basic research prowess of global powerhouses including Google and Apple.
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.
Japan’s NTT Corp has launched NTT Ltd following the merger of NTT Communications, Dimension Data and NTT Security into a single, $11-billion business. It will be headquartered in London and led by Jason Goodall.
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.
Something big is going on at Dimension Data. The IT services group’s Middle East and Africa operations could soon be listed on Johannesburg’s stock exchange, if speculation swirling through the IT industry is correct.
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.
Japan’s Nippon Telegraph and Telephone Corp will merge its subsidiaries Dimension Data, NTT Communications and NTT Data, Nikkei Asia Review reported, confirming a report last week by TechCentral about the plans.
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.