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

InDrive enters Zimbabwe's Bulawayo

Ride-sharing platform InDrive is expanding its services to Zimbabwean city of Bulawayo after successfully introducing its services in the capital of Harare in May this year.

Story

Five African healthtech startups to watch

Connecting Africa has compiled a list of five African healthtech startups that have been making an impact in the lives of the communities they serve and are worth keeping an eye on in 2023.

More Innovation hub

Latest video

More videos

Industry announcements

More Industry announcements

Sponsored video

More videos

Partner perspectives

All Partner Perspectives

Africa Tech Perspectives

Story

The 100 most influential African leaders in 2023

A new report from Africa Tech Festival and Connecting Africa puts a spotlight on the top 100 African leaders in the telecoms and technology sector in 2023.

Story

Deep dive into East Africa's tech startup ecosystem

New survey reveals a lack of access to investors, reliance on international VCs and global recession trends as the biggest barriers for East African tech startups to access funds.

Story

Challenges and opportunities for women's tech careers

A new survey reveals that COVID-19, the cost-of-living crisis, skills shortages and a lack of mentorship have negatively affected women's career development over the past two years.

More AfricaCom perspectives

Upcoming events

Nextv Series Africa
October 4-5, 2023
Hotel Sky Sandton, Johannesburg
Africa Tech Festival, Home of AfricaCom and AfricaTech
November 13-16, 2023
CTICC, Cape Town
More Upcoming events

Flash poll

All polls

Guest Perspectives

Story

Omdia View: August 2023

By Omdia Analysts

Highlights in August 2023 in the Middle East and Africa included a commercial 5G launch from Ethio Telecom and the signing of a virtual wheeling agreement between Vodacom South Africa and Eskom – that and more in this month's Omdia View.

Story

Omdia View: February 2023

By Omdia Analysts

In February 2023 key events in the Middle East and Africa included a major Internet project for Africa's underserved by Liquid Intelligent Technologies and Microsoft as well as a 5G launch in Tanzania – that and more in this month's Omdia View.

More Guest Perspectives

Like us on Facebook

Newsletter Sign Up


Sign Up
Tag id I-0000192