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Vumatel
4:50

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.

2:30

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.

2:30
Feb 25, 2020

Vumatel races to connect Soweto with prepaid fibre

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

6:30
Jan 22, 2020

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.

4:50
Nov 28, 2019

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.

4:40
Oct 4, 2019

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.

3:10
Aug 1, 2019

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.

7:40

Dark Fibre Africa talks 5G opportunity

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

3:00
Apr 30, 2019

Vumatel, CIVH merger gets green light

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

1:50
Apr 8, 2019

Tribunal to decide on Vumatel, CIVH union

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

2:50
Jun 13, 2018

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.

1:50
Jun 8, 2018

Vumatel to be sold to CIVH

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

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