Frogfoot, Vox and Hypa Valued at R14.4bn in New Funding Deal

Frogfoot, Vox and Hypa valued at R14.4bn in new funding deal

New funding values the group at R14.4bn and will quadruple Frogfoot's annual home connections to 360,000.

Vox, Frogfoot raise $900m to expand broadband to 360,000 South African homes yearly

A South African conglomerate’s telecommunications units, Vox Telecom SA and Frogfoot Networks, have raised $900 million (R14.4 billion) to expand broadband services and connections in South Africa.  According to a Bloomberg report on Monday, the companies, which are units of the Johannesburg-based Vivica Group, raised R8.4 billion in equity funding and R6 billion in debt. The primary focus is to increase fibre deployment to about 360,000 homes a…

New capital quadruples Frogfoot’s fibre rollout

New investors back Frogfoot, Vox and Hypa with capital aimed at expanding digital access across underserved communities.

Frogfoot Secure Billions in Fibre Investment To Quadruple Township Rollout

In a deal meant to reshape South Africa’s digital landscape, Frogfoot, Vox, and Hypa have secured a massive capital injection that values the combined entities at a staggering R14.4 billion. The strategic investment is set to accelerate fibre access across the country, with a specific focus on bridging the digital divide in previously underserved and lower-income township communities. The transaction introduces significant equity capital and add…

Frogfoot raises billions to expand township fibre roll-out

New shareholders have taken up shares in Frogfoot, Vox and Hypa in a transaction valuing the businesses at R14.4-billion.