Icasa approves Vodacom and CIVH fibre merger

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इंडिया समाचार समाचार

Consolidation of two companies' infrastructure points to dominance of fibre

SA’s telecom regulator has approved Vodacom and CIVH’s proposed fibre merger, bringing the deal closer to completion. The transaction remains subject to Competition Commission approval.

“The authority has approved the proposed transaction after careful consideration,” said councillor Luthando Mkumatela, chair of the responsible council committee at Icasa, on Wednesday. At the turn of the century and in the 2010s, the race was about which operator had the most cellphone towers. Now fibre is the game. Telecom companies continue to report growing data revenues and internet use on their networks, driving up the need for a solid infrastructure base.

 

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