Emerging markets investment firm Actis has agreed to buy a controlling stake in Cape Town-based fibre broadband network operator Octotel.
In its policy paper published this week, national treasury devoted considerable space to the telecommunications sector. Though many of the proposals make sense, an anachronism stuck out. By Duncan McLeod.
The Competition Tribunal has approved the acquisition by Remgro’s Community Investment Ventures Holdings of Vumatel, but has attached long-term conditions to the sale.
Fibre-to-the-home broadband provider Octotel said on Thursday that it is going to expand its infrastructure roll-out to reach more than 100 000 homes passed within a year. The company, which offers open-access fibre, has so