Vodacom, Maziv to Pump R12bn Into Fibre Rollout After Court Win

Vodacom–Maziv Merger Wins Court Approval

After what feels like a millennium of legal ping-pong, Vodacom South Africa and Maziv have finally been given the green light to merge—well, at least as far as regulators are concerned.The approval ends more than three-and-a-half years of back-and-forth between the two companies and South Africa’s competition authorities, a saga that has included tribunal hearings, appeals, and even a change of heart from the Competition Commission.For those not…

Vodacom To Acquire Stake In Maziv After Competition Appeal Court Ruling

Vodacom Group Ltd. has secured approval from South Africa’s Competition Appeal Court for its R13.2 billion ($752 million) acquisition of a significant stake in the fiber assets of Remgro Ltd.. The deal will see Vodacom acquire a 30% stake in Maziv, a wholly owned subsidiary of Remgro’s Community Investment Ventures Holdings Ltd., with an option […] The post Vodacom to Acquire Stake in Maziv After Competition Appeal Court Ruling appeared first on…

Vodacom, Maziv to pump R12bn into fibre rollout after court win

The Competition Appeal Court approves Vodacom’s R14 billion merger with Maziv, paving the way for major fibre investment and affordable internet expansion.