Nippon Telegraph & Telephone (NTT) agrees to buy South Africa's Dimension Data for £2.1B...

|About: Nippon Telegraph and Tel... (NTT)|By:, SA News Editor

Nippon Telegraph & Telephone (NTT) agrees to buy South Africa's Dimension Data for £2.1B ($3.2B) in cash, an 18% premium to the stock's closing price yesterday. The deal comes as clients show a renewed willingness to spend money on IT and IT services.