Connecting Africa is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 3099067.

Connectivity

SA's Vumatel, DFA folded into single fiber company

Article Image
South African fiber providers, Vumatel (Vuma) and Dark Fibre Africa (DFA), will be managed under a new infrastructure company.

This is according to a statement by parent company Community Investment Ventures Holdings (CIVH), which said even though the new infrastructure entity's name has not yet been announced, the decision was a strategic step to meet ongoing customer and business requirements to increase open-access offerings across the networks.

This announcement comes at the back of Vuma buying a 45% stake in local Internet service provider (ISP) Herotel, which focuses on connectivity in smaller towns and cities, in February.

Remgro-controlled parent company CIVH added that although DFA and Vuma – its two most significant operating subsidiaries – will be incorporated into this new infrastructure company, each business will initially continue to operate separately.

Vuma's current executives, Dietlof Mare and Byron Billett, will be CEO and CFO respectively of the new infrastructure company while DFA CEO Andries Delport will continue in his current role.

"The fibre to the home market is constantly evolving, especially in the open-access environment, and fibre network operators have to be able to evolve at the same pace," said CIVH CEO, Raymond Ndlovu, in a statement.

"By establishing our new infrastructure company, we can place both DFA and Vumatel in a position to meet this developing demand for fibre connectivity and continue providing innovative products and solutions to the market," he added.

Ndlovu added that the establishment of this holding company will enable both Vumatel and DFA to expand their open-access network infrastructures to meet customer requirements with the ultimate goal of connecting more of South Africa to high-capacity fixed-line infrastructure.

"We realise that to continue connecting as many South Africans as possible; we need to ensure that our businesses run effectively. This new infrastructure company will allow us to continue bridging the digital divide by enabling DFA and Vumatel to operate their infrastructure assets seamlessly and on an open-access basis, under one aligned strategy," said Vuma's Dietlof Mare.

In November telecoms operator Vodacom announced it would make a strategic investment in CIVH, worth about US$875 million. Vodacom plans to buy a 30% stake in CIVH's fiber assets, but is still awaiting regulatory approvals for the deal.

Related posts:

*Top image is of Vuma CEO Dietlof Mare (Source: Vuma).

— Matshepo Sehloho, Associate Editor, Connecting Africa

Innovation hub

Story

SA's smart city finalists win big for innovation

South Africa's City of Johannesburg's Smart City Office has awarded four innovators R500,000 (US$31,434) for their innovative solutions.

Story

Hot startup of the month: Data science marketplace Zindi

This month's hot startup is social enterprise Zindi, which is a professional network for data science in Africa.

More Innovation hub

Latest video

More videos

Guest Perspectives

Story

Omdia View: May 2022

By Omdia Analysts

SpaceX-owned Starlink's plans to launch a satellite broadband service in Africa was a major highlight in May 2022, says Omdia's analysts.

Story

Omdia View: April 2022

By Omdia Analysts

This month's Omdia View highlights indicate a shift to digital transformation and operational consolidation to maximize return on investments.

More Guest Perspectives

Partner perspectives

All Partner Perspectives

Flash poll

All polls

Archived webinars

Africa Green ICT: Lighting Up a Sustainable Continent

The ICT industry is the leading industry in the commitment to carbon neutrality, whose focus has shifted from setting ambitious targets to taking initiatives. The push for zero-carbon and for green energy development, it isn't just about CSR – it's also good for sustainable business.

The path to sustainable development requires green energy. Governments are looking at potential policy approaches to make green energy more widely available and affordable. Without sustainable energy, there will be no digital transformation and no chance of making Africa more economically competitive in the post-pandemic era.

Africa Green ICT Webinar 2022 will bring together ICT industry leaders and senior industrial analysts to provide insight, best practices and key learnings on how to achieve zero-carbon targets and practice green development in Africa.

More Webinars

Sponsored video

More videos

AfricaCom perspectives

Story

Digital inclusion as a catalyst for economic empowerment: Mastercard's Imelda Ngunzu

Mastercard's Imelda Ngunzu talks to Connecting Africa about how digital payment solutions and mobile money are transforming the lives of small business owners, women and marginalized groups in East Africa.

Story

Accelerating women in STEM: In conversation with GirlCode's Tinyiko Simbine

GirlCode co-founder and CFO Tinyiko Simbine talks about why it's important to help girls and young women excel in science, technology, engineering and mathematics (STEM) fields.

Story

How Poa Internet is unlocking meaningful connectivity in East Africa

Poa Internet's CEO Andy Halsall shares his views on what it takes to develop last-mile connectivity and get Africans online in a meaningful way.

More AfricaCom perspectives

Like us on Facebook

Newsletter Sign Up


Sign Up