Vodacom gets fibre boost as regulator approves transfer of DFA licences

JOHANNESBURG: South Africa’s Vodacom moved a step closer to a considerable expansion of its fibre footprint after the country’s telecoms regulator approved the transfer of Dark Fibre Africa’s licences to the mobile operator.

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 holds Community Investment Ventures Holdings’ (CIVH) Vumatel and Dark Fibre Africa (DFA) fibre assets.