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Vumatel

South African fiber network operator

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Vumatel is South Africa's largest fiber to the home infrastructure provider, with over 2.3 million homes passed and over 1 million homes connected, for an uptake ratio of 44.11% as of 2026.

The company is owned by South African telecoms firm Maziv, which also owns other internet-related companies, including Dark Fibre Africa (DFA).

History

Founded in 2014 by Niel Schoeman and Johan Pretorius, Vumatel was launched in order to bring fiber to the home services to more South Africans. At the time, access to FTTH was uncommon. The first Vumatel services were provided in Parkhurst, Johannesburg, after signing a deal with the Parkhurst Residents Association.

The company's launch prompted existing, large South African telecommunications providers, such as Telkom, MTN, and Vodacom, to enter the fiber to the home market, significantly increasing South Africans' access to fiber internet services in what had long been a market dominated by slow ADSL and VDSL connectivity (monopolized by Telkom), and expensive, capped wireless broadband services.

In 2016, Vantage Capital provided Vumatel with a R250 million investment, in order to accelerate the company's growth. At the time, Vumatel was providing fiber infrastructure to around 4,000 customers, across 14 neighborhoods in Johannesburg.

In 2018, a 34.9% stake in Vumatel was acquired by Community Investment Ventures Holdings (CIVH), which owns other South African telecoms assets, such as DFA, SqwidNet, and SADV, and is itself partially owned by South African investment holding company Remgro). In 2019, CIVH fully acquired Vumatel.

Following restructuring in 2023, Vumatel and Dark Fibre Africa (DFA) became wholly owned subsidiaries of Maziv, a newly-formed company and wholly owned subsidiary of CIVH.

In March 2022, Vumatel announced that it had acquired a 45%, non-controlling share of competing fiber network operator Herotel, and later increased this share to 49.96%. In August 2022, Vumatel announced its intentions to acquire 100% of Herotel, in order to expand its South African fiber infrastructure coverage outside major metropolitan areas. In February 2025, Herotel was South Africa's third-largest FNO, with almost 600,000 homes connected. It was also South Africa's largest closed-access network, meaning it served as both the FNO and the sole ISP.

Vumatel's parent company, Maziv, secured a R25 billion loan from a consortium of lenders, led by South Africa's largest bank - Standard Bank - for fiber expansion projects across the country.

In March 2025, the South African Competition Commission announced that it had advised the Competition Tribunal to approve Vumatel's acquisition of Herotel, with conditions to maintain open access and transparent service terms. The consolidation will position Vumatel to extend its fiber network into South Africa's smaller cities and rural areas, enhancing Internet accessibility. Vumatel has pledged to roll out fiber to the home services in low-income areas, aiming to bridge the digital divide.

Also in March 2025, the South African Competition Tribunal published a ruling comprising over 350 pages, detailing why it had blocked a proposed 30% acquisition of Vumatel's parent company, Maziv, by South African cellular service provider, Vodacom, for R13 billion. The Tribunal stated that any short-term public interest in the deal was temporary, and was outweighed by permanent anti-competitive effects that would ultimately impact millions of South African consumers.

The Tribunal concluded that Maziv's reason for wanting the deal was to prevent a situation in which it competed with Vodacom in the fiber market, if Vodacom was to build out its own infrastructure. The Tribunal further concluded that Vodacom's reason for being in favor of the deal was to prevent a loss of income that it determined would result from households' mobile data spend decreasing if they switched to using fiber internet.

In August 2025, Vodacom's proposed acquisition of a 30% to 34.95% shareholding in Maziv was approved by the South African Competition Appeals Court.

The Court set aside the order of the Tribunal that prohibited the merger. However, as well as retaining existing terms that were proposed, to limit anti-competitiveness in the South African fiber market, additional concessions were agreed upon to limit Vodacom’s influence over Maziv, and expand the former's capital expenditure commitments.

In 2026, Vumatel reported strong revenue growth, increasing by 15.3% year-over-year and totaling R4.43 billion.

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