Two of South Africa’s biggest fibre providers, Vumatel and Dark Fibre Africa, are being folded into a new infrastructure holding company to be led by Vuma CEO Dietlof Mare.
Browsing: New GX Capital
The industry body has lodged an objection with the Competition Commission over Vodacom’s plan to buy a significant minority stake in CIVH.
Dark Fibre Africa has informed staff that it will embark on a significant restructuring and cost-cutting process that will include retrenchments.
Vodacom Group will acquire a co-controlling interest, along with Remgro and New GX Capital, in a new entity made up of assets including Vumatel and Dark Fibre Africa.
Stanlib Asset Management has invested R2.4-billion in the Khudu Pitje family-controlled company to accelerate the roll-out of broadband across the country.
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.
Community Investment Ventures Holdings, a shareholder in Dark Fibre Africa, announced on Friday is has bought 34.9% of fibre-to-the-home pioneer Vumatel and plans to buy the remaining 65.1% soon, subject
Dartcom Fibre Solutions has launched a new fibre factory near Mamelodi in Pretoria that, at peak, will produce about 12 000km of fibre-optic cabling a year. The company, which is controlled by New GX Capital, an investment group focused
In this episode of the TechCentral podcast, Duncan McLeod talks to Dartcom chairman Khudu Pitje about a new R100m fibre factory the company has built near Mamelodi outside Pretoria. The facility, which will employ as many as 100
Remgro is in talks to sell broadband provider Dark Fibre Africa to Internet Solutions (IS), according to three people familiar with the matter. Remgro, which owns 51,9% of the business, and investment partner