Dimension Data « Convergence Partners

Communications Minister and leaders of ICT industry meet on growth and jobs

March 1st, 2011 | admin

On 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 | admin

Tax 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.

Dimension Data say cheers on a high note – Dimension Data delisting from JSE

November 18th, 2010 | admin

After 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.

Tags: Brett Dawson, communications, DiData, Dimension Data, internet Solutions, IT, Japan, JSE, Nippon Telegraph Telephone, NTT, Plessey, Technologies
Posted in Media, News from the Group

NTT offer for Dimension Data goes unconditional

October 13th, 2010 | admin

Dimension Data shareholders have voted overwhelmingly in favour of Nippon Telegraph and Telephone’s (NTT’s) £2.1 billion offer, with shareholders owning 93.42% of DiData shares accepting the deal. With the approval phase of the transaction now complete, Convergence Partners looks forward to an exciting new era for Dimension Data, especially in the fast growing African market.

NTT Makes R24.4 billion offer for Dimension Data

July 16th, 2010 | admin

On 15 July 2010, Nippon Telegraph and Telephone Corporation (“NTT”) Dimension Data Holdings plc (“Dimension Data” or “DiData”) announced that they have reached agreement on the terms of a cash offer to be made by NTT for 100% of Dimension Data. The offer, totalling approximately GBP 2.1 billion (R24.4 billion), was unanimously recommended by both Boards of Directors. Andile Ngcaba, Chairman of Dimension Data’s Middle East and Africa business (“DDMEA”), as well as of its minority shareholder Convergence Partners, is excited about the deal and how its positions DiData in his region. “With access to the resources, products and R&D of the NTT Group, DDMEA is better positioned than ever to grow its presence and capitalise on new and fast growing market opportunities, such as cloud computing. The deal is great for the country and the company”.

Dimension Data Achieves Global Certification from Cisco

May 7th, 2010 | admin

Dimension Data, the $4 billion IT solutions and services provider, has achieved Global Certification from Cisco. This elite designation recognises Dimension Data as having fulfilled the training requirements and program prerequisites to sell, deploy and support Cisco® networking solutions around the globe. Dimension Data becomes one of four organisations with this elite status worldwide.

Tags: Brett Dawson, Cisco, Cisco Certified Partners, Cisco Global Certification, Dimension Data, IT
Posted in Media, Offical Press Releases

Dimension Data (“DiData”) awarded most empowered ICT company at the ninth annual Metropolitan Oliver Empowerment Awards

April 8th, 2010 | admin

At the ninth annual Metropolitan Oliver Empowerment Awards ceremony held on the 25th March 2010, Dimension Data was awarded the prestigious most empowered ICT company award.

Tags: awards, BEE, Dimension Data, Metropolitan Oliver Awards
Posted in Media, News from the Group, Offical Press Releases

Meet Richard Bicker-Caarten: Chief Sales, Solutions and Marketing Officer at Plessey (Proprietary) Limited

January 26th, 2010 | admin

The first in a series of regular articles to introduce certain key executives from across the Convergence Partners investment portfolio. Richard is the chief sales, solutions and marketing officer at Plessey and tells us a little about himself and shares some of his views on the ICT landscape in South Africa.

Tags: Dimension Data, ICT landscape, Marketing, Plessey, Richard Bicker-Caarten, Sales
Posted in Media, News from the Group

Dimension Data Top ICT Company in Africa

December 17th, 2009 | admin

Dimension Data once again proved its mettle across the African continent, winning the Top ICT Company in Africa Award at the 11th African ICT Achievers Awards ceremony held on the 5th December 2009.

Tags: Allan Cawood, Andile Ngcaba, DDMEA, Dimension Data, Dimension Data plc, Governments, ICT, Jason Goodall
Posted in Media, Offical Press Releases

DiData announces strong results for year ended 30 September 2009

November 24th, 2009 | admin

Dimension Data’s robust performance for the year to 30 September 2009 has resulted in improved returns and strong growth in profitability, in the midst of extremely challenging economic conditions.