MWEB divisions may be sold to Dimension Data

[Kevin Lancaster]

MWEB divisions may be sold to Dimension Data

Industry speculation suggests that MWEB is in discussions with Dimension Data to sell MWEB Business, MWEB Wi-Fi, and Optinet

 

[Fulcrum29]

Level 5 soon to be under new local management

MWEB Business, MWEB Wi-Fi, and Optinet <- the entire "commercial" group.

 

[CeeBee]

so they also want new logos, for a 'fresh' start

 

[Krunical]

so they also want new logos, for a 'fresh' start

lol +1

 

[ThinkCentre]

....and what will happen to the service?

 

[Krunical]

I think time will tell but not in favor of it.

 

[kianm]

Wonders what the reason behind is

 

[froot]

I wonder how it will affect my Naspers shares?

 

[Krunical]

I think it would affect Naspers shares... unless they going into some sort of trade agreement.

 

[entrepr]

Another nail in the coffin of true competition in South Africa

 

[Fulcrum29]

On the bright side they might resolve the Supersport streaming issues...

 

[Paul Hjul]

Another nail in the coffin of true competition in South Africa

how so? Other than the businesses being spun off into their own enterprises (which would be great) I don't see how units of MWEB being moved about affect competition: it really is a move from one monopolistic cartel into a dominant player - so if anything it is potentially "competitive"

 

[RVQ]

DD is on a massive expansion drive with acquisitions all over the world, wonder if IS and MWEB will be merged...