Business Day TV spoke to CIVH chair Pieter Uys about the Vodacom-Remgro deal
Pieter Uys: Significant opportunities ahead. Picture: Robert Tshabalala
Remgro and Vodacom have entered into a deal that involve the two entities combining their fibre businesses to improve access to high-speed internet for SA’s lower-income consumers. Under the deal, Community Investment Ventures Holdings , whose biggest shareholder is Remgro with 57%, will transfer its fibre assets Dark Fibre Africa and Vumatel into a newly created entity, Infraco.
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