Browsing: Remgro

Remgro is in advanced talks to buy fibre provider Vumatel as South Africa’s richest man seeks to consolidate the country’s expanding broadband infrastructure industry, according to people familiar with the matter. A deal by

Dark Fibre Africa, the fibre telecommunications company in which JSE-listed Remgro holds a 50.9% stake, is in talks to buy fibre-to-the-home broadband infrastructure provider Vumatel, according to

Telkom will soon have a new name. CEO Sipho Maseko is leading a major restructuring at the partly state-owned company that will result in “Telkom” becoming the consumer-facing retail telecommunications brand sitting under a new, “Remgro-style” corporate centre.

Open-access fibre telecommunications specialist Dark Fibre Africa (DFA) said on Tuesday that it has raised more than R1,2bn in new debt funding, seemingly putting to rest speculation that it is for sale

Internet Solutions (IS) is, according to Bloomberg, in talks to buy Dark Fibre Africa (DFA) from Remgro, majority owner (51%) of DFA-parent Community Investment Ventures. The report last week suggested that the sellers want as much as

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

A recent supreme court of appeal decision that pitted e.tv and others against MultiChoice and the SABC on the issue of the digital migration and the specifications of set-top boxes – itself a reversal of a high court decision – is now heading to the constitutional

Gustav Smit, the founding CEO of Dark Fibre Africa, has announced he intends to step down at the end of June after nine years at the helm of the fast-growing open-access fibre infrastructure

Fibre infrastructure provider Dark Fibre Africa reported a 15% year-on-year improvement in revenue to R468m in the six months ended 30 September 2014, shareholder Remgro has revealed