Openserve technicians leave en masse as Telkom’s job cuts bite
The company’s network modernisation from copper to fibre means many technicians will no longer be needed.
Community Investment Ventures continues to drown Remgro
Remgro-controlled Community Investment Ventures reports a R197 million loss for the six months ended December 2019, up from the previous R104 million loss.
Vumatel races to connect Soweto with prepaid fibre
The company unveils its Vuma Fibre Reach product in SA’s biggest township.
Analysts say Telkom problems self-inflicted, as job cuts begin
As the company begins retrenchment consultations, analysts say most of its problems emanate from protecting legacy technologies.
Remgro unit appoints CEO to exploit DFA, Vumatel assets
After poaching Vodacom CTO Andries Delport, Community Investment Ventures names Raymond Ndlovu as its CEO, along with other executive appointments.
Vumatel fires warning shot with prepaid fibre services
The fibre network operator promises high-speed and reliable connectivity through its prepaid platform, saying cost shouldn’t be an inhibitor to access.
Gauteng promises free Internet to township households
Through a partnership with Vumatel, the Department of e-Government is looking to connect citizens in identified townships.
Vumatel suitor foresees fibre market consolidation
Although there are many players in the market, in future the industry will consolidate, says Community Investment Ventures Holdings.