If Vodacom had succeeded in its deal to buy fibre operator Maziv, rural South Africans would be the ones to suffer.
Browsing: Maziv
The Competition Tribunal’s decision to block a merger between Vodacom and Maziv will likely derail the sector’s M&A plans.
The Competition Tribunal is guilty of damaging regulatory overreach in blocking Vodacom’s Maziv deal.
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.
Regulatory roadblocks preventing Vodacom from buying into Maziv have led to a decline in fibre investment, Remgro’s CEO said.
Remgro-controlled CIVH, which ultimately owns Vumatel and Dark Fibre Africa, through Maziv, has swung to a loss.
Vumatel has commercially launched a R99/month uncapped fibre broadband offering aimed at low-income communities.
Openserve CEO Althon Beukes tells TechCentral about the company’s storied history and where it’s headed next.
Blocking Vodacom’s acquisition of a stake in Maziv would be hugely negative for the telecoms sector, experts have warned.