Dimension Data to acquire MWeb assets
22 September 2014 |
Dimension Data is to acquire network and business assets from South African service provider MWeb Connect.
The move will see Dimension Data’s South African subsidiary Internet Solutions take control of MWeb’s ISP core network assets and bandwidth contracts. It will also manage the acquisition of Optinet and MWeb Business.
“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,” said Derek Wilcocks, CEO of Dimension Data Middle East and Africa.
MWeb Connect will retain its consumer ISP and Wifi business.