CIVH, the Remgro-controlled parent of fibre network operator Maziv, has swung into a big interim loss.
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Remgro has placed an equity valuation of R32.4-billion on Maziv, the fibre operator that owns Vumatel and Dark Fibre Africa.
The competition appeal court has set aside three days to hear arguments in the ongoing Vodacom-Maziv merger saga.
Production is ramping up at the YOA fibre-optic cable factory at Durban’s Dube TradePort, with plans for further expansion.
DFA has spent more than R800-million upgrading and “futureproofing” its national fibre network.
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Fibre operator Maziv has hired Phila Dube, the outgoing chief commercial officer at Openserve, into a similar role.
Octotel has displaced MetroFibre as South Africa’s highest-rated large fibre network operator among ISPs.
The Competition Tribunal has thrown South Africa’s telecommunications industry into turmoil.
Maziv has appointed two regulatory professionals from MTN and Telkom in senior roles.