MWEB isn't for sale, says ISP CEO

Paul Hjul

Honorary Master
Joined
Aug 31, 2006
Messages
14,902
I find the denial implausible and not only because I have no belief in Hershaw's capacity for honesty. MWEB has a group CEO - Francois Theron. If Naspers was intreted in selling off part of its holding in MWEB Connect (Pty) Ltd it wouldn't be a matter really for Hershaw to deal with. What is really interesting is that if you look at Naspers website MWEB is included with "pay TV" rather the Internet: http://www.naspers.com/company-structure.php
http://www.naspers.com/cmsAdmin/uploads/fact-sheet_nov2013.pdf

My guess is that Naspers have put out feelers to unbundle MWEB Connect and that there is a serious problem in dealing with the ISP arm. Frankly fresh management and a preparedness to actually look into how to make a contribution into the SA Internet space in conjunction with the changes in direction at Telkom are what is needed, a big pile of cash would also help.
 

Tns

Executive Member
Joined
Sep 7, 2005
Messages
5,608
o my is the gravy train not so full of gravy anymore?
 

Necuno

Court Jester
Joined
Sep 27, 2005
Messages
58,567
I find the denial implausible and not only because I have no belief in Hershaw's capacity for honesty. MWEB has a group CEO - Francois Theron. If Naspers was intreted in selling off part of its holding in MWEB Connect (Pty) Ltd it wouldn't be a matter really for Hershaw to deal with. What is really interesting is that if you look at Naspers website MWEB is included with "pay TV" rather the Internet: http://www.naspers.com/company-structure.php
http://www.naspers.com/cmsAdmin/uploads/fact-sheet_nov2013.pdf

My guess is that Naspers have put out feelers to unbundle MWEB Connect and that there is a serious problem in dealing with the ISP arm. Frankly fresh management and a preparedness to actually look into how to make a contribution into the SA Internet space in conjunction with the changes in direction at Telkom are what is needed, a big pile of cash would also help.

Or his lackeys.
 

Necuno

Court Jester
Joined
Sep 27, 2005
Messages
58,567
[Rudolph Muller June 3, 2008]
NASPERS had put one of SA’s biggest internet service providers, MWEB, up for auction, and a deal might be concluded within nine months, MWEB CEO Rudi Jansen said yesterday.
http://mybroadband.co.za/news/telecoms/3989-mweb-auction.html

[Duncan McLeod 18 December 2013]
IS, MWeb merger on the cards?
Five years after Naspers tried unsuccessfully to auction MWeb, the media group may be in talks to merge the Internet service provider with Dimension Data’s Internet Solutions
http://www.techcentral.co.za/is-mweb-merger-on-the-cards/45702/
 
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ToxicBunny

Oi! Leave me out of this...
Joined
Apr 8, 2006
Messages
93,310
I wouldn't believe a single word that comes out of Hershaw's mouth tbh...
 

fbman

Senior Member
Joined
Jul 31, 2009
Messages
719
the old saying goes.. where there is smoke there is fire..

A rumor like this would not come out of no where.
 
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