The company’s network modernisation from copper to fibre means many technicians will no longer be needed.

Remgro-controlled Community Investment Ventures reports a R197 million loss for the six months ended December 2019, up from the previous R104 million loss.

The company unveils its Vuma Fibre Reach product in SA’s biggest township.

As the company begins retrenchment consultations, analysts say most of its problems emanate from protecting legacy technologies.

After poaching Vodacom CTO Andries Delport, Community Investment Ventures names Raymond Ndlovu as its CEO, along with other executive appointments.

The fibre network operator promises high-speed and reliable connectivity through its prepaid platform, saying cost shouldn’t be an inhibitor to access.

Through a partnership with Vumatel, the Department of e-Government is looking to connect citizens in identified townships.

5G’s required fibre densification is positive news for infrastructure players like Dark Fibre Africa.

The Competition Tribunal approves the proposed merger whereby Community Investment Ventures Holdings seeks to increase its shareholding in Vumatel.

The Competition Tribunal hosts a competition hearing, as CIVH seeks to increase its shareholding in Vumatel.

Although there are many players in the market, in future the industry will consolidate, says Community Investment Ventures Holdings.

Community Investment Ventures Holdings (CIVH) acquires 34.9% of Vumatel and enters into an agreement to acquire the remaining 65.1%.