Vodacom Group will acquire a co-controlling interest, along with Remgro and New GX Capital, in a new entity made up of assets including Vumatel and Dark Fibre Africa.
Browsing: Vumatel
Stanlib Asset Management has invested R2.4-billion in the Khudu Pitje family-controlled company to accelerate the roll-out of broadband across the country.
Telkom has launched prepaid fibre, saying consumers who previously couldn’t apply for a broadband fibre line for credit-vetting reasons can now do so.
Richard Came, one of the founding investors in Vumatel and Dark Fibre Africa, has sold his remaining stake in CIVH,…
The Internet Service Providers’ Association wants Icasa to crack open South Africa’s mobile industry to greater competition.
Remgro-controlled CIVH reduced its losses in the year ended 30 June 2021, with its contribution to headline earnings of a loss of R435-million, from R649-million a year ago.
Promoted | Fibre provider Vuma aims to showcase the creative talent of South Africans through an initiative called My Community Cooks. Through partnerships in Soweto, it hopes to do just that.
South Africa’s mobile operators, including Vodacom, MTN and Rain, are set to face a big challenge to their business models from an unexpected quarter: fixed-line broadband. By Duncan McLeod.
CIVH, the Remgro-controlled company that owns Dark Fibre Africa and Vumatel, is now worth more than Telkom, the company that once enjoyed an absolute monopoly over telecommunications in South Africa.
Remgro said on Monday that it is participating in a the second tranche of a rights offer by CIVH, the parent of fibre telecommunications companies Vumatel and Dark Fibre Africa, aimed at reducing debt.