{"id":189089,"date":"2017-07-31T09:59:45","date_gmt":"2017-07-31T07:59:45","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=189089"},"modified":"2017-07-31T09:59:45","modified_gmt":"2017-07-31T07:59:45","slug":"dimension-data-looking-for-a-buyer-for-internet-solutions-report","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/it-services\/189089\/dimension-data-looking-for-a-buyer-for-internet-solutions-report\/","title":{"rendered":"Dimension Data looking for a buyer for Internet Solutions &#8211; report"},"content":{"rendered":"<p>IT services company Dimension Data has gone to market to find a buyer for Internet Solutions, according to a report by MyBroadband, citing industry sources.<\/p>\n<p>Internet Solutions is owned by Dimension Data, which is owned by Japan\u2019s Nippon Telegraph and Telephone Corporation (NTT).<\/p>\n<p>In recent years, the company has strengthened its presence in the consumer and SMME market through its acquisition of <a href=\"https:\/\/businesstech.co.za\/news\/internet\/181889\/how-much-internet-solutions-paid-for-mweb\/\" target=\"_blank\" rel=\"noopener\">MWEB Business<\/a> and MWEB Connect; however, toward the end of 2016, it also underwent a \u201crationalisation process across all business units\u201d \u2013 which included a reduction in staff, MyBroadband said.<\/p>\n<p>It said that a more streamlined business has made it a more attractive asset to larger telecoms operators looking to grow their market share in the ISP space.<\/p>\n<p>&#8220;Industry sources said that several prominent local telecoms companies have been in discussions with Dimension Data regarding the sale of Internet Solutions.<\/p>\n<p>&#8220;They highlighted that this is not the first time the company has come onto the market, however, and that a sale is not guaranteed,&#8221; MyBroadband said.<\/p>\n<p>The news follows a report that NTT is looking to sell Dimension Data\u2019s African operations, which may then be listed as a separate company on the London Stock Exchange.<\/p>\n<p>According to Bloomberg, one scenario would be that MTN buys Internet Solutions to strengthen its position in the corporate market.<\/p>\n<p>Dimension Data told MyBroadband that it \u201cdoes not respond to market rumours\u201d.<\/p>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/business\/188377\/convergence-partners-pulls-out-of-dimension-data\/\" target=\"_blank\" rel=\"noopener\">Convergence Partners pulls out of Dimension Data<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>IT services company Dimension Data has gone to market to find a buyer for Internet Solutions, according to a report by MyBroadband, citing industry sources. <\/p>\n","protected":false},"author":10,"featured_media":188397,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[94,97],"class_list":["post-189089","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-it-services","tag-dimension-data","tag-internet-solutions"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/189089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=189089"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/189089\/revisions"}],"predecessor-version":[{"id":189095,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/189089\/revisions\/189095"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/188397"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=189089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=189089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=189089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}