ICASA approves Herotel licence transfer to Vumatel

ICASA approves Herotel licence transfer to Vumatel

Herotel is currently South Africa’s third-largest fibre network operator behind Vumatel and Openserve. The Independent Communications Authority of South Africa (ICASA) has approved the licence transfer application of Herotel to Maziv subsidiary Vumatel. Maziv told ITWeb that ICASA approved the licence transfer application today. The approval follows the Competition Tribunal’s clearance of Vumatel’s acquisition of…

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Vumatel, DFA parent company suffers R93m loss

Vumatel, DFA parent company suffers R93m loss

CIVH is the parent company of fibre network operators Vumatel and Dark Fibre Africa. Community Investment Ventures Holdings (CIVH), the parent company of fibre network operators Vumatel and Dark Fibre Africa (DFA), has posted a loss. This emerged when JSE-listed Remgro, which owns CIVH, today announced its annual financial results for the year ended 30…

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