Browsing: Vumatel

News
Remgro’s CIVH pounces on Vumatel

Community Investment Ventures Holdings, a shareholder in Dark Fibre Africa, announced on Friday is has bought 34.9% of fibre-to-the-home pioneer Vumatel and plans to buy the remaining 65.1% soon, subject

News
Vodacom said to be eyeing Vumatel stake

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

News
Vodacom to ramp up investment in fixed lines

South Africans are too reliant on mobile for Internet access and more investment needs to be made in fibre-based fixed-line infrastructure to address this, according to Vodacom Group CEO Shameel Joosub. Speaking

News
Niel Schoeman steps down as Vumatel CEO

Niel Schoeman is stepping down as CEO of fibre-to-the-home provider Vumatel with immediate effect. He’s not leaving the company, however, and will take on the role of executive chairman. In a

News
Openserve doubles home fibre speeds

Telkom’s wholesale division, Openserve, has introduced a speedier fibre-to-the-home (FTTH) broadband plan offering 200Mbit/s download speeds to consumers. Previously, the company’s fastest FTTH

News
Remgro in talks to buy Vumatel

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

In-depth
SA’s big operators feel the pinch

South Africa’s big telecommunications operators are feeling the pinch of the tough economy, but financial results published in the past 10 days show Vodacom is weathering the storm better than its rival Telkom

News
DFA ‘in talks’ to buy Vumatel

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

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