GTT Communications, a global cloud networking provider to multinational clients, announced today the completion of its acquisition of Interoute, operator of one of Europe’s largest independent fibre networks. “The acquisition of Interoute represents a...
At the annual AfricaCom conference in Cape Town, South Africa pan-African ICT investor, Convergence Partners and 4Di Group announced a recently concluded acquisition of a significant minority stake in ESET Southern Africa by Convergence Partners. ESET...
The Velocity Group, a South African strategic specialist ICT reseller and systems integrator, announced on Tuesday 31 October 2017 that the company has agreed terms for the acquisition of a majority stake in MLC Solutions for an undisclosed sum. MLC Solutions...
September 9, 2016 •
Company News, Top Stories •
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Dell Technologies has announced completion of the acquisition of EMC Corporation, creating a unique family of businesses. This combination creates a $74 billion market leader with an expansive technology portfolio that solves complex problems for customers...
Nokia today announced that it has filed a draft offer document relating to a public buy-out offer in cash for the remaining Alcatel-Lucent shares it does not already own. Rajeev Suri, President and CEO of Nokia, commented: “Nokia and Alcatel-Lucent...
Orange has revealed that, together with its Senegal-based partner Sonatel, it has completed the acquisition of 100% of the mobile operator Airtel in Sierra Leone. Since the signature of an agreement with Bharti Airtel International (Netherlands) BV...
Liquid Telecom has revealed that it has entered into an agreement to acquire South African communications network operator, Neotel. The shareholders of Neotel – Tata Communications of India and minority shareholders led by Nexus Connexion (Nexus) – have...
Telco product distributor, Informal Solution Providers, has announced its acquisition of micro-jobbing platform, M4JAM (Money for Jam). Informal Solution Providers will trade under the name M4JAM. The acquisition helps turn Informal Solution’s plan to build...
Orange has revealed that it has completed the acquisition of 100% of Cellcom through its subsidiary Orange Côte d’Ivoire. Less than three months after signing the agreement with Cellcom Telecommunications Limited for the acquisition of its Liberian...
Orange has announced the acquisition of a 75 million-euro equity interest in Africa Internet Group, joining AXA, Goldman Sachs and longstanding investors MTN Group, Millicom and Rocket Internet. Through this investment, which will be accompanied by a series...
Etisalat has raised objections to MTN’s recently-concluded purchase of Visafone Nigeria and has called on the regulator ,the Nigerian Communications Commission (NCC), to reverse its approval of the deal. According to a report in The Guardian,...
Deloitte Digital (Africa) has acquired fintech services business, Jinja Interactive, as part of its strategy to build a fully-integrated digital transformation business, providing digital innovation and customer-centric engagement solutions to its rapidly...
November 25, 2015 •
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Business Connexion Group has announced the acquisition of ANCO-IT (Pty) Ltd, a leading provider of business application solutions exclusively using Oracle Applications. Founded in 2006, ANCO are specialists in Oracle ERP business enterprise solutions. “This...
BlackBerry today announced that it has entered into a definitive agreement to acquire Good Technology for $425 million in cash. The acquisition of Good is aligned with BlackBerry’s strategy to offer customers the most complete, end-to-end solution that...
May 22, 2014 •
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Telkom SA SOC (Telkom), South Africa’s listed full service ICT provider, today announced that it has made an offer by entering into an agreement with Business Connexion Group (BCX) in terms of which Telkom will acquire 100% of BCX. BCX is a listed company...
Last year, it was revealed that Neotel and Vodacom were entering into exclusive talks for a due diligence. Today, Neotel and Vodacom SA have announced that they have favourably concluded an agreement on the commercial structure and terms to proceed for...
