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  • Dimension Data becomes sole shareholder of Internet Solutions

Dimension Data becomes sole shareholder of Internet Solutions

Dimension Data South Africa today announced that it has acquired Old Mutual`s 20% shareholding interest in Internet Solutions.

Dimension Data South Africa is now the sole shareholder of Internet Solutions.

Allan Cawood, CEO of Dimension Data in Africa, commented: "Internet Solutions is an important asset to the Dimension Data Group, and having a 100% shareholding in the leading converged communications service provider in the country is hugely beneficial in terms of delivering solutions and services that meet key business needs; specifically providing more efficient voice and data solutions.

"Dimension Data and Internet Solutions will continue working together for the benefit of South African and African-based corporates, to deliver business communications efficiently and cost-effectively."

Dimension Data purchased Nedcor`s 20% shareholding in Internet Solutions in August 2005, increasing its shareholding to 80%.

"Internet Solutions has been a Dimension Data company for many years and together we have been successful in delivering a world-class service to businesses," commented Angus MacRobert, CEO of Internet Solutions.

"As the company continues to grow we are committed to investing in new technologies and delivering improved telecommunications services throughout the continent."

Internet Solutions will continue operating under the Internet Solutions brand and continue to be known as a Dimension Data company.

Internet Solutions has gross assets of R536 million, which will continue to be consolidated in Dimension Data Africa accounts.

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Dimension Data

Dimension Data plc (LSE:DDT), a specialist IT services and solution provider, helps clients plan, build and support their IT infrastructures. Dimension Data applies its expertise in networking, security, operating environments, storage and contact centre technologies and its unique skills in consulting, integration and managed services to create customised client solutions.

Internet Solutions

Internet Solutions (IS) has transformed its business model and become a leading converged communications service provider in the country.

The business was founded on the principle of developing a robust infrastructure in order for corporates to conduct e-business. Over the past decade IS has established itself as a leader in this space, attracting over 80% of South Africa`s top businesses as clients.

During its 10-year life span, IS has evolved and grown its service offerings. Today, the company is the leading hosting service provider and security service provider in South Africa, as well as having significant market share in the virtual private network and application service provider space.

The company partners with major players such as Cisco, Microsoft, Oracle, BT and AT&T, and in 2002 was certified as a Cisco Managed Security Service Provider, the first and only company outside of the US to be awarded this accolade.

Editorial contacts

Michelle Atkins
Dimension Data South Africa
(011) 575 3958
michelle.atkins@za.didata.com