The Channel logo

News

By | John Oates 28th November 2005 10:24

DiData buys African telco provider

Picks up Plessey

South African reseller group Dimension Data is buying the other half of Plessey Ltd. from Worldwide African Investment Holdings.

DiData already owned 49 per cent of Plessey, now it is paying £10.75m (120m South African rand) for the remaining 51 per cent. DiData has held 49 per cent of the firm since 1998.

Plessey is a major African telecoms provider and has run projects in 19 countries. It has offices in eight countries and employs 250 people.

As of 31 March 2005 Plessey turned over £79.71m (890m Rand) and made a profit of £6.04m (67.4m Rand) for the year.

Read the statement here.®

alert Send corrections

Opinion

Alexandre Mesguich

Change is order of day as tech giants shift strategy gears
Partnership

Frank Jennings

Confused? No problem, we have 5, no 6, no 7... lots of standards

Chris Mellor

VC sequence could end not with a bang, but a whimper

Features

Hacked US CENTCOM Twitter account
Roll up, roll up, get your exclusive market insights
Wile E. Coyote goes over the edge again
money trap conceptual illustration
Big boys snare the unwary with too-good-to-be-true deals