Johannesburg, South Africa – 22 September 2014 – Internet Solutions, a division of Dimension Data (Pty) Ltd, today announced that it has signed a transaction agreement to purchase the following assets and business divisions from MWEB Connect (Pty) Ltd:
MWEB Connect (Pty Ltd) will retain its consumer ISP business. The MWEB WiFi business does not form part of this agreement.
The transaction, subject to Competition Tribunal (South Africa) approval, will see the transfer of the network assets and bandwidth contracts of MWEB Connect to Internet Solutions, a division of Dimension Data. The transaction also includes the acquisition of Optinet and MWEB Business, both of which will also be managed by Internet Solutions. MWEB Business, Optinet and MWEB Connect engineering and support employees will transfer with the transaction to Internet Solutions.
Derek Wilcocks, CEO, Dimension Data Middle East and Africa, says “MWEB Business and Internet Solutions will be able to service this market segment more competitively and ensure that the ICT offerings for this sector are designed and supported in a way that is economically viable and, importantly, support them in operating and growing their business. There is a strong strategic and cultural fit between MWEB Business and Internet Solutions and the combined entities will have the scale to compete in the SME market, whilst the SME market will benefit from access to a wider range of services, more market competitive prices, and greater support for their ICT.”
MWEB Connect was founded in 1997 and is an unlisted entity. MWEB’s Optinet will continue to provide services to Naspers group companies. MWEB Business is focused on the small and medium enterprise (SME) market in South Africa and has 5000 clients across a range of vertical market segments. Internet Solutions, founded in 1993, is a division of Dimension Data and provides ICT services to the corporate, SME, public sector and wholesale markets. Dimension Data is a member of the NTT Group.
About Internet Solutions
Internet Solutions (IS) is a Pan-African telecoms service provider to public and private sector organisations and have been providing innovative end-to-end telco solutions and related services for more than 20 years. Today, IS is at the forefront of Internet Protocol-based technologies and we build solutions and services tailored to the increasingly complex demands of organisations across the enterprise, public sector, global carrier and growing small-to-medium business sectors.
As a wholly owned subsidiary of the Dimension Data Group and part of NTT, IS leverages its infrastructure and global footprint to support organisations with the rapid deployment of emerging technologies.
Headquartered in South Africa, we have operating offices in four African countries and sales offices in UK, Singapore and USA. IS has five international PoPs (Point of Presence) in New York, London, Germany, Hong Kong and Singapore as well as 60 PoPs across the African continent. The company has over 15,500 sqm of data centre space across the African continent and is the largest provider of alternate last mile services in South Africa. Internet Solutions also has the largest network of WiFi hotspot in South Africa.
About Dimension Data
Founded in 1983, Dimension Data plc is an ICT services and solutions provider that uses its technology expertise, global service delivery capability, and entrepreneurial spirit to accelerate the business ambitions of its clients. Dimension Data is a member of the NTT Group. www.dimensiondata.com
MWEB was founded in 1997 and is today South Africa’s leading Internet Service Provider (ISP). MWEB is highly regarded for its wide range of internet access offerings, differentiated tools and services, best of breed technology guarantee and internationally sourced R&D to benefit its approximately 330 000 customers. The company comprises three main divisions: MWEB Connect, which is focused on the Residential and Small business market as well as Gaming, MWEB Business which offers products and services for medium and large businesses to integrate their IT infrastructure and business processes with the Internet. MWEB WiFi, a new division focusing on providing high speed Uncapped WiFi in public areas for consumers and businesses MWEB is owned by MultiChoice South Africa Holdings Limited that has 30% Broad Based Black Economic Empowerment shareholders, and is a subsidiary of Naspers, a JSE-listed company.
Zukiswa Nomnganga Tel: (011) 575 7719