CIVH, the company whose investments include Vumatel and DFA, has reported a big jump in headline earnings.
Browsing: Vumatel
Vumatel is making significant progress with its fibre broadband trial in Alexandra in Johannesburg ahead of a wider roll-out.
South Africa’s biggest fibre telecommunications operator, Vumatel, now passes more than two million homes.
The Competition Commission’s decision to seek to block the Vodacom/Maziv deal is wrong, the Free Market Foundation said.
CIVH, Remgro and Vodacom are prepared to make more concessions to get their Maziv deal over the line.
The Competition Commission has recommended that Vodacom’s acquisition of a stake in fibre operator Maziv be blocked.
The Competition Commission’s decision to seek to block the Maziv deal is “not the end of the process”, Vodacom said.
Vuma Key is “probably the most exciting thing” Vumatel is doing, a top executive at parent company Maziv has said.
Vumatel plans to deploy advanced technologies allowing it to launch home fibre broadband packages with speeds of 10Gbit/s or more.
CIVH, the Remgro-controlled parent of fibre infrastructure providers Vumatel and Dark Fibre Africa, has swung into profit.