Remgro-controlled fibre operator Dark Fibre Africa has become the first telecommunications provider in 10 years to be granted an operating licence in Zimbabwe, paving the way for the company to build a network there.
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Fibre network operators Vumatel and SA Digital Villages will in future operate as a single entity following the transfer of the SADV wholesale fibre assets to Vumatel.
The contribution to Remgro’s headline earnings from CIVH – the parent company of Vumatel and Dark Fibre Africa – amounted to a loss of R197-million in the six months ended 31 December 2019.
Remgro’s CIVH has made it crystal clear that it wants to be a major player in South Africa’s planned wholesale open-access network and has lobbied communications regulator Icasa to provide strong support to the new entity.
Remgro-controlled CIVH is quietly becoming a serious player in South Africa’s telecoms landscape – one that has the potential, if it executes well on its plans, to become a major contender in a rapidly shifting sector.
Outgoing Vodacom Group chief technology officer Andries Delport will join CIVH as CTO where he will drive the strategy around the Remgro-controlled group’s big expansion plans in the telecommunications sector.
Vodacom Group’s long-serving chief technology officer, Andries Delport, has resigned after 23 years with the telecommunications operator.
INX-ZA’s Johannesburg Internet Exchange is getting a major upgrade to its backbone after Dark Fibre Africa donated high-speed fibre between the Isando and Parklands Internet exchange points.
Shareholders in telecommunications company Vox, including Rand Merchant Bank, have agreed to buy out fellow investor Investec as part of a R2-billion recapitalisation of the company.
Dark Fibre Africa is keen to buy or build tower and data centre assets as it expands beyond the provision of fibre telecommunications infrastructure in South Africa.