MWEB has informed customers it has entered into an agreement for Internet Solutions to buy the company.
“Internet Solutions will acquire MWEB as a going concern. The transaction is subject to approval by the competition authorities and we expect this process to take between 2 and 4 months to conclude,” MWEB told clients via email.
“Your current service with MWEB will not be affected by this change.”
“Internet Solutions is firmly established as a leading provider of information, technology, and communication services – this partnership will give us an increased presence in the consumer segment of the market and allow us to grow our product and services offering,” stated the mail.