South Africa
2016
USD 120 M
Cover Bidder
Verdant IMAP has advised the West Indian Ocean Cable Company Limited (WIOCC) on its bid to acquire CMC Networks, one of Africa’s largest and most established network providers. CMC Networks operates a significant pan-African and Middle Eastern network with extensive reach across over 50 countries, delivering critical connectivity solutions to major carriers and enterprises. CMC Networks, headquartered in South Africa, is known for its robust connectivity infrastructure, including managed MPLS, SDH, and IP services. The company has built a substantial customer base comprising Fortune 500 clients and global telecoms, leveraging its comprehensive reach in underserved regions. CMC’s operations align closely […]
Verdant IMAP Advises WIOCC on CMC Networks Acquisition Bid
Verdant IMAP has advised the West Indian Ocean Cable Company Limited (WIOCC) on its bid to acquire CMC Networks, one of Africa’s largest and most established network providers. CMC Networks operates a significant pan-African and Middle Eastern network with extensive reach across over 50 countries, delivering critical connectivity solutions to major carriers and enterprises.
CMC Networks, headquartered in South Africa, is known for its robust connectivity infrastructure, including managed MPLS, SDH, and IP services. The company has built a substantial customer base comprising Fortune 500 clients and global telecoms, leveraging its comprehensive reach in underserved regions. CMC’s operations align closely with WIOCC’s mission to enhance digital infrastructure across the African continent.
This potential acquisition underscores Verdant IMAP’s expertise in advising on high-impact transactions within the African telecoms sector, supporting WIOCC’s expansion strategy as a carrier’s carrier in the region.