{"id":169877,"date":"2017-04-11T18:18:16","date_gmt":"2017-04-11T16:18:16","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=169877"},"modified":"2017-04-11T18:18:16","modified_gmt":"2017-04-11T16:18:16","slug":"dark-fibre-africa-in-internet-solutions-sights-for-acquisition-report","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/169877\/dark-fibre-africa-in-internet-solutions-sights-for-acquisition-report\/","title":{"rendered":"Dark Fibre Africa in Internet Solutions&#8217; sights for acquisition: report"},"content":{"rendered":"<p>Remgro is in talks to sell Dark Fibre Africa to Internet Solutions, according to a report by <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-04-11\/remgro-said-to-be-in-talks-to-sell-fiber-group-for-723-million\" target=\"_blank\"><strong>Bloomberg<\/strong><\/a>.<\/p>\n<p>The report stated that\u00a0Remgro, which owns 51.9% of DFA,\u00a0and investment partner New GX Capital want up to R10 billion for the business.<\/p>\n<p>\u201cThe acquisition of Remgro\u2019s stake would give Internet Solutions access to as much as 10,000km of fibre networks, which will help the telecommunications provider extend broadband access in South African cities,\u201d said Bloomberg.<\/p>\n<p>Dark Fibre Africa is South Africa\u2019s second-largest fibre network company behind Neotel, stated the report.<\/p>\n<p>Remgro and Dark Fibre Africa did not comment on the speculation, but\u00a0Internet Solutions stated it\u00a0\u201cwill continue to explore opportunities\u201d in the market.<\/p>\n<p>The news follows Internet Solutions\u2019 <a href=\"https:\/\/mybroadband.co.za\/news\/telecoms\/200088-internet-solutions-has-a-new-logo.html\" target=\"_blank\"><strong>recent rebranding<\/strong><\/a>, which included a new logo.<\/p>\n<hr \/>\n<p><strong>Read:\u00a0<a title=\"Permalink to Vodacom has bold fibre-to-the-home plans starting with new uncapped prices\" href=\"https:\/\/businesstech.co.za\/news\/mobile\/146113\/vodacom-has-bold-fibre-to-the-home-plans-starting-with-new-uncapped-prices\/\" rel=\"bookmark\">Vodacom has bold fibre-to-the-home plans starting with new uncapped prices<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Remgro is in talks to sell Dark Fibre Africa to Internet Solutions, according to a report by Bloomberg.<\/p>\n","protected":false},"author":31,"featured_media":14121,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[25],"class_list":["post-169877","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-active"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/169877","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=169877"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/169877\/revisions"}],"predecessor-version":[{"id":169879,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/169877\/revisions\/169879"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/14121"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=169877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=169877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=169877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}