Remgro could look to listing its telecoms investments after its 51%-held subsidiary Community Investment Ventures Holdings (CIVH) snapped up a 35% stake in fibre network provider Vumatel last week. It seems CIVH will look to combining Vumatel with its fast-growing fibre network specialist Dark Fibre Africa (DFA), in a bid to consolidate a slab of SA’s expanding broadband network. Remgro CEO Jannie Durand confirmed on Friday CIVH had an option to acquire the remaining shares in Vumatel at a later date. A JSE listing of an enlarged fibre business could be on the cards if there was a need to raise fresh capital to fund growth. Remgro was a pioneering telecoms investor in the late 1990s, having backed then unlisted service provider Vodacom. This strategic stake was sold to Vodaphone in 2009. While Remgro also holds a 30% stake in undersea cable specialist Seacom, the last 10 years has seen Remgro building a formidable position in CIVH, regularly investing more capital in DFA’s growth. D...

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