CIVH names management team for new fibre infrastructure company

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.

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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.
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