Browsing: Pieter Uys

Investment from Vodacom will help Maziv accelerate its fibre roll-out in townships, chairman Pieter Uys has said.

Remgro has placed an equity valuation of R32.4-billion on Maziv, the fibre operator that owns Vumatel and Dark Fibre Africa.

Trade, industry & competition minister Parks Tau will appeal the Competition Tribunal’s decision to prohibit the deal.

The decision by the Competition Tribunal to block Vodacom’s acquisition of a co-controlling stake in fibre operator Maziv is headed to the competition appeal court.

Maziv chairman Pieter Uys has sharply criticised the Competition Tribunal’s decision to block Vodacom’s acquisition of a co-controlling stake in the company.

Regulatory roadblocks preventing Vodacom from buying into Maziv have led to a decline in fibre investment, Remgro’s CEO said.

Blocking Vodacom’s acquisition of a stake in Maziv would be hugely negative for the telecoms sector, experts have warned.

Among other transactions, Remgro is fighting to get approval for a multibillion-rand fibre deal with Vodacom.

Frogfoot, Vox ordered to hand over documents related to a probe into the fibre transaction involving Vumatel parent Maziv.

TechCentral’s Newsmakers of the Year are CIVH chairman Pieter Uys and Maziv and Vumatel CEO Dietlof Mare.