{"id":161561,"date":"2017-03-02T11:55:20","date_gmt":"2017-03-02T09:55:20","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=161561"},"modified":"2017-03-02T11:55:20","modified_gmt":"2017-03-02T09:55:20","slug":"mtn-reveals-smart-village-acquisition-price","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/mobile\/161561\/mtn-reveals-smart-village-acquisition-price\/","title":{"rendered":"MTN reveals Smart Village acquisition price"},"content":{"rendered":"

MTN acquired Smart Village for a cash consideration of R220 million and a deferred consideration of R12 million.<\/p>\n

The deal was concluded in November 2016, and expanded MTN\u2019s fibre-to-the-home footprint across the country.<\/p>\n

Smart Village has a fibre network which passes 22,000 homes \u2013 connecting 7,000 homes in Gauteng, the Western Cape, and KwaZulu-Natal.<\/p>\n

Smart Village will give MTN a presence in several gated estates and apartment blocks, business parks, and shopping malls.<\/p>\n

MTN said the deal will also bolster MTN\u2019s presence in the enterprise space by giving MTN Business the ability to provide wholesale access to 4,228 enterprises passed by Smart Village.<\/p>\n

It will ensure savings for customers, as traffic is routed via MTN\u2019s backhaul infrastructure.<\/p>\n

MTN said the deal will not impact any Smart Village employees.<\/p>\n

\n

Read:\u00a0 MTN ties up Smart Village acquisition<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

MTN acquired Smart Village for a cash consideration of R220 million and a deferred consideration of R12 million.<\/p>\n","protected":false},"author":31,"featured_media":71570,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[25,28],"class_list":["post-161561","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mobile","tag-active","tag-mtn"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/161561","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=161561"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/161561\/revisions"}],"predecessor-version":[{"id":161567,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/161561\/revisions\/161567"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/71570"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=161561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=161561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=161561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}