The head of one of SA’s largest fibre network operators says the local market is at the beginning of a consolidation cycle as companies take on bigger projects and look for ways to corner the market. More mergers & acquisitions should be expected in future.
Raymond Ndlovu, CEO of Remgro’s telecom infrastructure unit, Community Investment Ventures Holdings , says there will be consolidation for fibre infrastructure players and internet service providers looking to scale their businesses. ..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.