If Vodacom had succeeded in its deal to buy fibre operator Maziv, rural South Africans would be the ones to suffer.
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Remgro-controlled CIVH, which ultimately owns Vumatel and Dark Fibre Africa, through Maziv, has swung to a loss.
If Vodacom had succeeded in its deal to buy fibre operator Maziv, rural South Africans would be the ones to suffer.
Shameel Joosub has described the decision to block Vodacom's acquisition of Maziv as a “travesty” for South Africa.
The rollout of new fibre connections has slowed to a crawl in South Africa — and the Competition Tribunal blocking investment into the sector...
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Vumatel has revealed its fibre expansion plans for 2025 after it slowed its rollouts significantly in late 2023 and in 2024.
Maziv chairman Pieter Uys has sharply criticised the Competition Tribunal’s decision to block Vodacom’s acquisition of a co-controlling stake in...
Pieter Uys, head of strategic investments at investment holding company Remgro described the Competition Tribunal's decision as a "complete shocker".
The Competition Tribunal's decision to block a merger between Vodacom and Maziv will likely derail the sector's M&A plans.
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