The Competition Commission has recommended that the Competition Tribunal approve the proposed acquisition of fibre provider Herotel by Vumatel.<\/p>\n\n\n\n
The recommendation was made with conditions to address competition concerns.<\/p>\n\n\n\n
This will require Vumatel to maintain Herotel’s pre-merger open access, and to continue privind service on terms that are “transparent and non-discriminatory”.<\/p>\n\n\n\n
Vumatel has also made a public interest commitment to roll out fibre in low-income areas.<\/p>\n\n\n\n
Vumatel is wholly controlled by Community Investment Ventures Holdings (Pty) Ltd (CIVH), which also controls several firms, including Dark Fibre Africa DFA. <\/p>\n\n\n\n
The group is ultimately owned by Remgro.<\/p>\n\n\n\n
The group is a major fibre network operator that provides wholesale fibre-to-the-home (FTTH) and fibre-to-the-business (FTTB) infrastructure at the last-mile level to internet service providers (ISPs).<\/p>\n\n\n\n
DFA largely offers wholesale metropolitan fibre to fixed network operators, mobile network operators and other downstream companies requiring access to its fibre network.<\/p>\n\n\n\n
Herotel operates at the national fibre infrastructure, last-mile fibre infrastructure, retail internet access services and fixed wireless access (FWA) levels of the telecommunications market.<\/p>\n\n\n\n
Vumatel and CIV announced that the fibre operator had acquired a 45% non-controlling stake in Herotel in February 2022, and later increased its holding to 49.96%.<\/p>\n\n\n\n
In August 2022, Vumatel announced that it wanted to increase its share in Herotel to 100% to help it expand its coverage of South Africa\u2019s secondary cities.<\/p>\n\n\n\n
The group aims to rapidly expand into rural areas.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Competition Commission has recommended that the Competition Tribunal approve the proposed acquisition of fibre provider Herotel by Vumatel.<\/p>\n","protected":false},"author":10,"featured_media":478451,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[14563,10375,8081],"class_list":["post-815854","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-civh","tag-herotel","tag-vumatel"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/815854","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\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=815854"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/815854\/revisions"}],"predecessor-version":[{"id":815855,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/815854\/revisions\/815855"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/478451"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=815854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=815854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=815854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}