Berkshire buys major stake in Teraco

Jamie McKane

MyBroadband Journalist
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Berkshire buys major stake in Teraco

Berkshire Partners LLC acquired a stake in Teraco Data Environments Pty Ltd., becoming the biggest shareholder in Africa’s largest data-center to capitalize on growing demand for internet and cloud-based services on the continent.

The Boston-based private-equity firm is sweeping in on Johannesburg-based Teraco as technology plays a more integral part in the life of consumers and businesses.
 

AdrianS

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Feb 23, 2011
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I wonder if the overseas ownership will influence local customers?
 
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