Vox-owned fibre-to-the-home operator Frogfoot has joined rival Vumatel in promising to double line speeds for consumers stuck at home due to the Covid-19 lockdown.
The contribution to Remgro’s headline earnings from CIVH – the parent company of Vumatel and Dark Fibre Africa – amounted to a loss of R197-million in the six months ended 31 December 2019.
Vumatel is implementing wholesale price adjustments for its fibre-to-the-home products, with “nominal” increases for entry-level line speeds and price cuts for faster services.
With a fixed-line business under pressure, an IT services company feeling the pinch and a mobile business facing strong competition, Telkom CEO Sipho Maseko has a difficult road ahead of him. By Duncan McLeod.