Vodacom and Remgro make deal on fibre business

  • 📰 eNCA
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Vodacom will be injecting R6-billion in cash and selling its fibre network to Community Investment Ventures Holdings, of which Remgro holds 57-percent.

The mobile network operator says the investment will accelerate South Africa’s fibre reach, network quality and resilience. It said this will also foster economic development and allow for market expansion, particularly for lower- and middle-income product offerings.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Come to my area. Please. We need your services. Can't do zoom and acceleritfibre anymore.

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:

 /  🏆 49. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines