Browsing: Remgro

Speculation is growing that Vodacom is poised to buy 49% of fibre-to-the-home provider Vumatel. Industry talk is that Dark Fibre Africa, in a deal possibly facilitated through its largest shareholder, 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