News Formal

CIVH names management team for new fibre infrastructure company

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Business News News

Creation of Infraco is part of the R13bn deal announced last year to merge CIVH’s fibre assets with those of Vodacom

Remgro’s Community Investment Ventures Holdings on Thursday named Vumatel executives Dietlof Mare and Byron Billett as CEO and CFO of the new company that will house the combined fibre assets of CIVH and Vodacom.

The as yet unnamed infrastructure company is part of a R13bn deal announced last year to merge CIVH’s Vumatel and Dark Fibre Africa units with and Vodacom’s fibre assets to create of one of the largest fibre companies in SA...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CIVH merges Vumatel, DFA into one mega fibre companyAlthough the CIVH subsidiaries will be incorporated into a new infrastructure company, each business will initially continue to operate separately.
Source: ITWeb - 🏆 45. / 51 Read more »

CIVH merges Vumatel, DFA into one mega fibre companyAlthough the CIVH subsidiaries will be incorporated into a new infrastructure company, each business will initially continue to operate separately.
Source: ITWeb - 🏆 45. / 51 Read more »

Vumatel, DFA folded into new holding company to be led by Dietlof MareTwo of South Africa’s biggest fibre providers, Vumatel and Dark Fibre Africa, are being folded into a new infrastructure holding company to be led by Vuma CEO Dietlof Mare.
Source: TechCentral - 🏆 8. / 71 Read more »

LIVE: Eskom's GCEO Andre de Ruyter holds a State of the System media briefing - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.LIVE | Eskom Group Chief Executive, André de Ruyter holds a State of the System virtual media briefing where Eskom’s management team will provide an update on the company’s operational performance. rollingblackouts loadshedding Can he just do the job and stop with this endless briefs Gape dis man they made him resign were he was working with immediate effect kante ke immediate effect ya everyday loadshedding mxm.... Its shows we going nowhere mxm
Source: SABCNews - 🏆 37. / 51 Read more »