CIVH merges Vumatel, DFA into one mega fibre company

Malaysia News News

CIVH merges Vumatel, DFA into one mega fibre company
Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Dark Fibre Africa and Vumatel, CIVH’s two fibre network assets, are now being managed under a new infrastructure company. DFA M&A networking

Community Investment Ventures Holdings , the Remgro and New GX-controlled parent company of fibre infrastructure operators Dark Fibre Africa and Vumatel, today announced its two fibre network assets will be managed under a new infrastructure company.

Although its two most significant operating subsidiaries will be incorporated into this new infrastructure entity, CIVH says each business will initially continue to operate separately. Andries Delport will continue as chief executive officer of DFA and will be an integral part of the infrastructure company management committee.

  • 📰 ITWeb
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%
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:

ITWeb /  🏆 45. in MY
 

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

Vumatel, DFA folded into new holding company to be led by Dietlof MareVumatel, 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.
Read more »



Render Time: 2025-01-11 18:26:26