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Vodafone Boost, Acquires Datec

Vodafone Fiji Limited has confirmed 100 per cent acquisition of IT company, Datec (Fiji) Limited. Vodafone Fiji board chairman, Ajith Kodagoda, said the acquisition was strategically aligned to Vodafone Fiji’s
21 May 2015 10:48
Vodafone Boost, Acquires Datec
Datec on Gordon Street, Suva. The company has been taken over by Vodafone Fiji. Photo: JONA KONATACI

Vodafone Fiji Limited has confirmed 100 per cent acquisition of IT company, Datec (Fiji) Limited.

Vodafone Fiji board chairman, Ajith Kodagoda, said the acquisition was strategically aligned to Vodafone Fiji’s future growth objectives.

“It is in line with strengthening Vodafone’s position as the market leader to enhance service delivery to its clients,” he said.

Datec’s acquisition will make Vodafone uniquely positioned to offer end-to-end ICT solutions especially for the enterprise and business segment.

“Whether it is hardware, software, peripherals or ICT solutions, Vodafone will now be equipped to provide one stop shop offering,” Mr Kodagoda said.

He further emphasised that Datec takeover was good news for the Fiji National Provident Fund members.

This was given that Vodafone Fiji was now a 100 per cent locally-owned entity and all dividends accruing from this acquisition would be retained locally and reinvested into the Fijian economy.

Being a part of the South Pacific Stock Exchange listed company, Amalgamated Telecom Holdings (ATH), Vodafone Fiji could not release the value of the transaction.

Datec chairman, Michael Ah Koy said: “The convergence of IT and telephony was a global technological certainty so it made sence that Datec’s future as Fiji’s leading IT company be aligned with that of a leading communications provider, Vodafone Fiji.

“Datec is over 25 years old and has been proudly built on home grown Fijian talent. It is even more fitting that its new owners be Vodafone and its shareholders, ATH and FNPF.”

Shift to cloud

With the advent of cloud-based solutions, many telecommunications companies around the world are either acquiring IT companies or building such capacity in-house to offer cloud-based services.

Today is not longer about delivering voice or data solutions only.

Vodafone Fiji says many of its customers now expect the service provider to deliver end-to-ennd solutions.

Chief executive, Pradeep Lal, said: “Building such capability is essential in readiness for the next wave of technological evolution which primarily will be driven by ‘Internet of Things’ and transition to cloud-based solutions.

“Vodafone will now have unparalleled capabilities t bring together the best of ICT solutions and managed services.

“This combination is expected to create access to an expanded addressable market with improved and sustainable long term growth opportunities.”

Datec operations

Mr Lal confirmed Datec Fiji would continue to operate independently and all customer and supplier relationships, contracts and commitments remain intact.

He said all existing services and business units will continue to operate as business as usual.

“However, over the next few months, Datec operations will be reviewed and aligned to ensure it is in a position to provide and support future technologies and is able to leverage Vodafone’s strength in providing connectivity and cloud-based solutions,” he said.

“We will introduce Vodafone’s strength in areas such as quality, time to market, continuous improvement, development of skills, efficient and lead operations that are needed to compete effectively and provide cost-effective solutions to our customers.

Feedback:  rachnal@fijisun.com.fj

 




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