Vodacom said last November it would pay 6 billion rand ($337.5 million) in cash and certain fibre assets valued at 4.2 billion rand for a 30% stake in a newly formed company called MAZIV, which ...

Vodacom aims to buy DFA and Vumatel from Remgro through a combination of R6 billion cash and the contribution of some transmission access fibre network infrastructure at a valuation of R4.2bn.

Fibre is one of the tools in Vodacom’s multi-instrument arsenal aimed at deepening connectivity in its markets from “Cape to Cairo”, and is driving growth beyond mobile revenue, from the current 18% ...