Aside from what looks like a commercially logical tie-up between Remgro-controlled telecoms-focused private equity outfit Community Investment Ventures Holdings (CIVH) and Vodacom, the R13bn deal has given a ray of hope to millions of people who live in broadband black holes across SA.   

Vodacom, a R250bn telecom juggernaut, will pump more than R9bn in cash plus its own fibre-to-the-home assets worth R4bn into a newly created entity made up of the open-access fibre businesses of CIVH, which runs Data Fibre Africa and Vumatel.  ..

This article is free to read if you register or sign in.

If you have already registered or subscribed, please sign in to continue.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.