Mweb, Internet Solutions could merge: report

[jes]

Mweb, Internet Solutions could merge: report

There is talk of a possible deal between Naspers and Dimension Data over Mweb, according to a media report

 

[Fudzy]

It looks more like Naspers is trying to offload MWeb onto IS with that share split

 

[AnibugZA]

Hahahahaha. Errr... yeah, no.
This is hilarious. :erm:

 

[biometrics]

Fire sale lol

 

[Bryn]

That's less of a merger and more IS just buying Mweb. Things aren't going too great for Mweb I guess - no surprise considering the horrible company they've become since changing CEO's.

 

[Fulcrum29]

They already have certain systems sharing in place, the exchange proses would be seamless per integration level. Administration however would be havoc over the short term... backbones will also be put in question, either eliminating or expanding, especially the case with Seacom. Either way in my opinion, the captain at MWEB is boarding another ship… Mweb is systematically being sunken.

Disclaimer: Opinion piece

 

[Syphonx]

So mweb might actually improve?

 

[Looney]

So mweb might actually improve?

More like IS may get worse.

 

[kissingmybbgoodbye]

That basically means less competition in the market. Bad news for the consumers

 

[ingeon]

That basically means less competition in the market. Bad news for the consumers

This

 

[Paul Hjul]

would be a very interesting "consolidation", frankly MWEB just needs some visionary leadership and some "cash" and they could actually do a hell of a lot

 

[Syphonx]

That basically means less competition in the market. Bad news for the consumers

Mweb's offerings aren't competitive so no big loss.