Punting for arivia.kom
to get their hands on lucrative, five-year outsourcing contracts from Transnet and Eskom. Those are up for grabs as part of the sale of State-owned ICT services company arivia.kom.
Details at this stage are scant, because the process seems shrouded in a veil of secrecy known in the world of corporate finance as “non-disclosure agreements” (NDAs).
However, what is known is that Eskom and Transnet – which own 58,5% and 41,5% of arivia.kom respectively – invited “expressions of interest” from LARGE OUTSOURCING CONTRACTS are few and far between. That’s why it seems everyone who is anyone in the information and communication technology services industry is clamouring the industry, with the closing date for responses being 14 March this year. Eskom and Transnet are leading the process but have appointed Gartner as consultants. Both Dimension Data and GijimaAst confirmed they were among those that had cast a line in the water. But many other companies are believed to have responded.
Didata strategy executive Derek Wilcocks says that, in principle, it was interested in arivia.kom but was bound by an NDA not to say more than that.
GijimaAst CEO John Miller says it could also be interested as part of a process of looking to diversify its business into new markets and optimise margins.
Formed from the consolidation of the IT assets of Eskom, Transnet and Denel in 2001, arivia.kom has a mandate to
Both Dimension Data and GijimaAst
confirmed they were among those that had cast a line
in the water.
compete for private sector business, though it still derives the bulk of its revenue from its traditional client base.
All three public corporations originally held stakes in arivia.kom. However, Denel divested its share some time ago and Transnet is currently selling its non-core assets.
Any company looking to buy arivia. kom would presumably have to consider issues such as dealing with trade unions and sifting out the good from the bad in the company.
Has expressed interest. Derek Wilcocks