Convergence Partners investee company, Dimension Data has been positioned by Gartner, Inc., in the Leaders Quadrant of the Magic Quadrant for Communications Outsourcing and Professional Services (COPS) report.
Dimension Data wins 2011 Frost & Sullivan Excellence Award
November 3rd, 2011 | adminDimension Data, a Convergence Partners investee, received the 2011 South African Excellence in Mergers and Acquisitions (M&A) Strategy Award from Frost & Sullivan.
Dimension Data, according to a recent Frost & Sullivan analysis conducted on the IT services market, have met a number of measurement performance criteria, pertinent to achieving a certain level of excellence, when compared to that of key competitors within the IT industry.
FibreCo awards fibre optic network construction contract to technology Giant ZTE
September 23rd, 2011 | adminFibreCo Telecommunications (“FibreCo”), a joint venture between Cell C, Convergence Partners and Internet Solutions, announced the awarding of a contract for construction of its nation-wide open-access fibre optic network. FibreCo’s objective is to facilitate affordable and reliable high-speed Internet access for South African citizens and businesses.
Old Mutual and Dimension Data sign major outsourcing deal
July 12th, 2011 | adminConvergence Partners’ investee company, Dimension Data, supported by its partner Telkom has signed a comprehensive Information Technology (IT) outsourcing contract with the Old Mutual Group, to enable its business strategy and improve competitiveness.
All systems go for satellite launch
March 30th, 2011 | adminThe countdown has begun for the launch of the New Dawn satellite tonight. Intelsat has confirmed that everything is so far on schedule for the satellite’s launch aboard an Ariane 5 rocket from the Arianespace Launch Complex in Kourou, French Guiana, at about 23:45 South African time.
The Intelsat New Dawn satellite is owned by a joint venture between Intelsat and a consortium led by Convergence Partners.
Communications Minister and leaders of ICT industry meet on growth and jobs
March 1st, 2011 | adminOn Friday 25 February 2011, Communications Minister Roy Padayachie met with the leaders of 30 of SA’s top ICT players to discuss cooperation between government and private sector in order to create jobs and enhance growth. Chairman of Convergence Partners and Dimension Data, Andile Ngcaba, attended the roundtable discussions, which were aimed at developing a 2020 vision for the South African ICT sector. Andile noted that applications and software are central to the ICT ecosystem and that opportunities exist for innovation and development in these fields. The potential for job creation opportunities would also arise from the production of new set top boxes, required for migration to digital television signal distribution in South Africa.
President Zuma’s speech presents a great opportunity for ICT sector, according to Andile Ngcaba
February 11th, 2011 | adminTax incentives, a job-creation fund and digital TV migration are heralding a golden opportunity for the South African information, communications and technology (ICT) industry, according to the Chairman of Convergence Partners and Executive Chairman of Dimension Data Middle East and Africa.
Speaking after President Jacob Zuma delivered his State of the Nation address to Parliament on Thursday, Ngcaba said the measures announced meant that companies could confidently roll out infrastructure such as fibre-optic cables to improve connectivity in the country.
Convergence Partners Group steals the show: AfricaCom 2010
November 24th, 2010 | adminAfricaCom, the Continent’s premier communications event, took place in Cape Town on 10 and 11 November. Chairman Andile Ngcaba was a featured speaker on day 1, highlighting the opportunities & challenges facing ICT investors in Africa, and the Convergence Partners Group was proud to unveil its new stand (see pictures attached) – the first time we have exhibited at the event. The rationale behind this was to showcase the many young and exciting companies in the Group and give them access to the burgeoning African communications market, as represented by over 5000 attendees over the two days.
The Convergence Partners stand was a hive of activity for the duration of the event (especially when our gorgeous ladies served up some great cocktails at the end of day 1). Companies in the Convergence Partners stand that were formally exhibiting at AfricaCom included Seacom, Convergence Wireless Networks (comprising WiA and Intra), Intelsat New Dawn Satellite Project, Plessey, Comsol, Integrat, Skillpod Media, Bloodhound, Inala, Convergence Border Management Solutions, as well as the Convergence Partners Foundation.
AfircaCom also coincided with the media launch of Convergence Partners’ latest project, FibreCo (see below blog).
Dimension Data say cheers on a high note – Dimension Data delisting from JSE
November 18th, 2010 | adminAfter being listed on the JSE for the past 23 years, today marked the final day of trading of Dimension Data shares. However, Didata exited on a high note with it reporting strong full year results for 2010.
The Dimension Data group, which is being acquired by Japan’s Nippon Telegraph and Telephone (NTT) Corp, reported a 9,9% increase in sales in constant currency terms in the 2010 financial year to September. The company reported revenue growth of 19,4% to US$4,74bn, due in part to currency gains.



