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Dimension Data puts Mweb up for sale - Vimarsana News

Dimension Data puts Mweb up for sale

Dimension Data puts Mweb up for sale Dimension Data is looking for a buyer for its Mweb Internet service provider business and has appointed Standard Bank to lead the sale process, TechCentral has learnt from an impeccable source. The plan to sell the ISP and its customer base comes less than four years after Dimension Data, which is owned by Japan’s NTT, acquired 100% control of Mweb from MultiChoice Group – which at the time was owned by Naspers – in a deal reported then to be worth about R130-million. Dimension Data declined to comment when reached for comment on Thursday. Itâ€...