Ignore for a moment that Rain, although growing fast, is a relative pipsqueak next to Telkom. Does a merger make any sense? By Duncan McLeod.
Vumatel will at least double the line speeds for most of its fibre customers until at least the end of January next year on a promotional basis.
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.
The industry body has lodged an objection with the Competition Commission over Vodacom’s plan to buy a significant minority stake in CIVH.
CIVH, the Remgro-controlled parent company of Dark Fibre Africa and Vumatel, has reported a sharp reduction in losses in its most recent reporting period.
Seacom’s contribution to Remgro’s headline earnings fell by 77% in the year ended December 2021, driven lower by increased operational costs and forex losses.
The cabinet has decided to scrap government plans to license a wholesale open-access network in South Africa.
Remgro-controlled fibre telecommunications company Dark Fibre Africa has appointed Heydon Hall as chief information officer.
New Telkom CEO Serame Taukobong has a challenge on his hands: the mobile growth story that underpinned the business in recent years appears to be ending.
Global media player Aleph Group has acquired Ad Dynamo, a Cape Town-based digital media sales business backed by Remgro’s Invenfin.