Dimension Data mulls buy-out from NTT - report

Monday 18 March 2019 | 09:15 CET | News
Dimension Data's management is considering a buyout of some of its operations from its owner, Nippon Telegraph & Telephone, Bloomberg reported, citing unnamed sources familiar with the matter. The South African company's executives are approaching lenders and investors to raise cash for a possible deal for its African and Middle East operations, which could be valued at about USD 800 million, said the people, asking not to be identified because the deliberations are confidential. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: IT
Companies: Dimension Data / Internet Solutions / NTT
Countries: South Africa
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Dimension Data Brasil becomes NTT

Published 11 Oct 2019 14:52 CET | Brazil
Technology services provider NTT Ltd has announced that Dimension Data has been renamed as NTT. In addition to providing more ...

Alcatel-Lucent chooses Dimension Data for SD-WAN control system

Published 18 Mar 2019 09:26 CET | South Africa
Alcatel-Lucent Enterprise (ALE) has selected Dimension Data to deliver a next generation digital infrastructure project for its ...

Internet Solutions launches integrated enterprise voice service for Microsoft Teams

Published 15 Mar 2019 13:57 CET | South Africa
South Africa's Internet Solutions (IS) has introduced integrated enterprise voice service for Microsoft Office 365 Teams. Voice ...

Dimension Data introduces new managed services offering

Published 04 Mar 2019 10:43 CET | World
Dimension Data launched its new global managed services to help clients simplify the management and operation of their ...

NTT Com confirms acquisition of majority stake in MVNE Transatel

Published 01 Mar 2019 11:19 CET | World
NTT Com has completed the acquisition of a majority stake in mobile virtual network enabler Transatel. The company had announced ...

NTT Com reshuffles executive team

Published 15 Feb 2019 11:16 CET | Asia
NTT Communications (NTT Com), the information and communications technology (ICT) services and international communications ...

NTT Data's quarterly net sales grow nearly 5%

Published 05 Feb 2019 10:41 CET | Japan
NTT Data saw its net sales for the third quarter of FY 2018 reach JPY 1.550 trillion, which represents an increase of 4.8 percent ...

Dimension Data provides Wi-Fi for Sercom contact centre

Published 25 Jan 2019 15:43 CET | Brazil
Sercom has opened what it says is the first contact centre in Brazil with 100 percent Wi-Fi coverage. The company selected ...

NTT says 'nothing decided' on combination of subsidiaries into new IT company

Published 07 Aug 2018 11:03 CET | Japan
NTT has announced that "nothing is decided' on the rumored combination of three of its units into a large IT company. The ...