remgro

  1. Jan

    People in Alexandra's informal settlement use between 3GB and 4GB per day - Vuma

    How much data South Africans who live in shacks use if you give them uncapped Internet Among the poorest households in South Africa use up to 3GB or 4GB of data per day if you give them uncapped Internet for free. That was one of the notable remarks from Vumatel CEO Dietlof Mare during a...
    • Jan
    • Thread
    • cell c community investment ventures holdings (civh) dietlof mare mtn remgro telkom vodacom vuma core vuma key vuma reach vumatel
    • Replies: 49
    • Forum: Broadband and IT News
  3. Jan

    Vuma Core vs Vuma Reach vs Vuma Key

    Vumatel's three services explained Remgro-owned Vumatel offers fibre products for a range of incomes in South Africa, and its network expansion has increased rapidly. From connecting around 70,000 homes a year, the fibre network operator now connects 60,000 to 70,000 per month.
    • Jan
    • Thread
    • dietlof mare remgro vuma core vuma key vuma reach vumatel
    • Replies: 12
    • Forum: Broadband and IT News
  4. Jan

    Vumatel's plan to launch R100 per month uncapped fibre for South Africa's poorest

    Vuma Key — Uncapped fibre for R100 per month Vumatel says there is a major opportunity in South Africa to provide fibre to households earning less than R5,000 per month, and that it is busy testing the viability of lower-cost services for this market. The company revealed details about its...
    • Jan
    • Thread
    • community investment ventures holdings (civh) dietlof mare graham mcgregor remgro vuma core vuma key vuma reach vumatel
    • Replies: 53
    • Forum: Broadband and IT News
  5. Jan

    Vumatel and DFA become one infrastructure company

    Vumatel and DFA integrated into new infrastructure company The new entity still needs a name.
    • Jan
    • Thread
    • andries delport byron billett community investment ventures holdings (civh) dark fibre africa (dfa) dietlof mare raymond ndlovu remgro vumatel
    • Replies: 2
    • Forum: Broadband and IT News
  6. Jan

    SEACOM profit plummets 77%

    SEACOM is suffering SEACOM's profit plummeted by 77% because of increased operational costs and unfavourable unrealised forex losses. Remgro revealed details about SEACOM's poor financial performance in its interim results for the six months ended 31 December 2021. Remgro owns a 30% stake in...
  7. Jan

    Remgro reports earnings jump for Vumatel and DFA

    Vumatel makes R1.4 billion in six months Remgro has reported that Vumatel’s revenue jumped 31.7% to R1.438 billion between 1 July 2021 and 31 December 2021. The company reported that this was driven by its fibre infrastructure expansion programme and subscriber uptake growth.
    • Jan
    • Thread
    • community investment ventures holdings (civh) dark fibre africa (dfa) remgro vumatel
    • Replies: 9
    • Forum: Broadband and IT News
  8. Jan

    DFA planning retrenchments

    DFA staff retrenchments planned Dark Fibre Africa (DFA) is embarking on a restructuring process that will see significant staff cuts at the wholesale fibre infrastructure provider. DFA started rolling out fibre infrastructure in 2007 to transmit metro and long-haul telecommunications traffic.
    • Jan
    • Thread
    • dark fibre africa (dfa) remgro sa digital villages sqwidnet vodacom vumatel
    • Replies: 4
    • Forum: Broadband and IT News
  9. Jan

    Vumatel bet pays off for Remgro

    Remgro's big Vumatel bet pays off When Community Investment Ventures Holdings (CIVH) acquired Vumatel in a multi-billion-rand deal in 2018, industry players questioned the decision. Three years later, it proved to be a stroke of genius. On 10 November, Vodacom announced it has agreed on terms...
    • Jan
    • Thread
    • community investment ventures holdings (civh) pieter uys remgro vodacom
    • Replies: 19
    • Forum: Broadband and IT News
  10. Jan

    Vodacom to own co-controlling share in Vumatel and DFA

    Vodacom acquiring co-controlling share in Vumatel and DFA for R10.2 biillion Vodacom has agreed on terms to acquire a 30% co-controlling stake in Vumatel and Dark Fibre Africa for a total transaction value of R10.2 billion. "Subject to regulatory approvals, Vodacom Group will hold a...
    • Jan
    • Thread
    • community investment ventures holdings (civh) dark fibre africa (dfa) infraco remgro vodacom vumatel
    • Replies: 36
    • Forum: Broadband and IT News
  11. Hanno Labuschagne

    Impressive turnaround for Seacom

    Impressive turnaround for Seacom Remgro released its financial results for the year ended 30 June 2021, which revealed that Seacom improved its headline earnings by 360% over the last year. Seacom is best known for launching Africa’s first broadband submarine cable system along the continent’s...
  12. Jan

    Vumatel sees 50% revenue increase, CIVH valuation now at R27 billion

    Vumatel and DFA now worth R27 billion Remgro released its financial results for the year ended 30 June 2021, which revealed a strong performance of Community Investment Ventures Holdings (CIVH). CIVH is a growing telecommunications player through its subsidiaries, Vumatel and Dark Fibre Africa...
    • Jan
    • Thread
    • community investment ventures holdings (civh) dark fibre africa (dfa) remgro vumatel
    • Replies: 0
    • Forum: Broadband and IT News
  13. Jan

    Johann Rupert's business empire

    All the companies Johann Rupert owns Johann Rupert is one of South Africa's best-known billionaires with shareholding in a large number of South African and international companies. Bloomberg estimated Rupert's wealth at $9.61 billion — around R140 billion — which gives an idea of the scale of...
  14. Jan

    Vumatel and DFA now have a higher valuation than Telkom's market cap

    Vumatel and DFA now more valuable than Telkom Community Investment Ventures Holdings (CIVH), which owns Vumatel and DFA, is valued at R23.2 billion — higher than Telkom’s market cap of R22.3 billion. Remgro revealed this valuation in its recent announcement about a CIVH rights offer in which...
    • Jan
    • Thread
    • community investment ventures holdings (civh) dfa pieter uys remgro telkom vumatel
    • Replies: 4
    • Forum: Broadband and IT News
  15. Jan

    Remgro raises R3.72 billion in equity, pays off debt incurred to buy Vumatel

    Vumatel owner raises R3.72 billion Remgro announced that it is participating in a rights offer being undertaken by Community Investment Ventures Holdings Proprietary Limited (CIVH), which successfully raised R3.72 billion in equity. Prior to the transaction, Remgro held a 55.2% stake in CIVH.
    • Jan
    • Thread
    • community investment ventures holdings (civh) dark fibre africa (dfa) pieter uys remgro vumatel
    • Replies: 1
    • Forum: Broadband and IT News
  16. Jan

    CIVH is getting a new name

    New name for South African telecoms powerhouse Community Investment Ventures (CIVH), which owns Vumatel, DFA, and Sqwidnet, is set to change its name and company branding. This is feedback from CIVH CEO, Raymond Ndlovu who spoke to MyBroadband about the planned CIVH brand change. CIVH is...
    • Jan
    • Thread
    • community investment ventures holdings (civh) dfa jannie durand raymond ndlovu remgro sqwidnet vumatel
    • Replies: 8
    • Forum: Broadband and IT News
  17. Jan

    Thinus Mulder steps down as DFA CEO

    DFA CEO resigns ICT-focused investment-holding company Community Investment Ventures Holdings (CIVH) announced that Thinus Mulder will step down as CEO of its subsidiary DFA on 30 September 2021. CIVH group CEO and DFA chairman, Raymond Ndlovu, thanked Mulder for his contribution in overseeing...
    • Jan
    • Thread
    • andries delport civh dfa raymond ndlovu remgro thinus mulder
    • Replies: 0
    • Forum: Broadband and IT News
  18. J

    South Africa's new fibre and telecoms giant

    South Africa's new fibre and telecoms giant Remgro recently released its financial results for the six months ended 31 December 2019, which revealed that it is building a new telecommunications powerhouse in South Africa. Remgro, through Community Investment Ventures Holdings (CIVH), owns two...
  19. J

    Remgro is building a telecoms powerhouse in South Africa

    Remgro is building a telecoms powerhouse in South Africa Community Investment Ventures Holdings (CIVH), which is 54% owned by Remgro and 35% by NewGX, is growing into a South African telecommunications powerhouse with very valuable assets. CIVH currently owns Vumatel and Dark Fibre Africa...
  20. J

    Johann Rupert considers selling R22-billion stake in fibre networks

    Johann Rupert considers selling R22-billion stake in fibre networks Johann Rupert, the billionaire who controls luxury-goods giant Richemont, is considering selling stakes in two South African fibre networks valued at as much as $1.5 billion (R22-billion), people with knowledge of the matter...
  21. Kevin Lancaster

    Internet Solutions in talks to buy Dark Fibre Africa – Report

    Internet Solutions in talks to buy Dark Fibre Africa – Report Remgro is in talks to sell Dark Fibre Africa to Internet Solutions, according to a report by Bloomberg.
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