Regulatory roadblocks preventing Vodacom from buying into Maziv have led to a decline in fibre investment, Remgro’s CEO said.
Browsing: Vumatel
Remgro-controlled CIVH, which ultimately owns Vumatel and Dark Fibre Africa, through Maziv, has swung to a loss.
Vumatel has commercially launched a R99/month uncapped fibre broadband offering aimed at low-income communities.
Openserve CEO Althon Beukes tells TechCentral about the company’s storied history and where it’s headed next.
Competition Tribunal hearings into the proposed merger between Vodacom and Maziv kicked off in Pretoria on Monday.
This Monday sees the start of competition hearings into Vodacom’s planned acquisition of a 30-40% stake in Maziv.
Internet service providers have voiced a growing lack of confidence in upstream fibre network operators, a new survey has found.
CIVH, the parent of Vumatel and Dark Fibre Africa, has reported a 97% plunge in headline earnings.
Among other transactions, Remgro is fighting to get approval for a multibillion-rand fibre deal with Vodacom.
Maziv-owned backbone broadband operator Dark Fibre Africa is moving to resolve network stability issues.