Fibre operator Maziv has hired Phila Dube, the outgoing chief commercial officer at Openserve, into a similar role.
Browsing: Vumatel
A group of investors led by Harith General Partners has agreed to buy out a fund that owns a stake in Vumatel parent CIVH.
Shameel Joosub has described the decision to block Vodacom’s acquisition of Maziv as a “travesty” for South Africa.
The Competition Tribunal’s decision to block a merger between Vodacom and Maziv will likely derail the sector’s M&A plans.
Octotel has displaced MetroFibre as South Africa’s highest-rated large fibre network operator among ISPs.
The Competition Tribunal has thrown South Africa’s telecommunications industry into turmoil.
Maziv has appointed two regulatory professionals from MTN and Telkom in senior roles.
Regulatory roadblocks preventing Vodacom from buying into Maziv have led to a decline in fibre investment, Remgro’s CEO said.
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.