Link Africa sells FTTH assets to Vumatel

21 July 2017

Mergers, Acquisitions and Financial Results

Vumatel, one of the earliest and now largest players in the South African fibre-to-the-home (FTTH) broadband market, has agreed to buy a big portion of Link Africa’s home fibre infrastructure.

In a letter to customers seen by TechCentral, Link Africa executive Craig Carthy said the company has decided to focus instead on fibre to the business (FTTB), where it’s enjoying strong growth.

Because of “unprecedented” demand for FTTB services, Link Africa’s resources have been “stretched”, Carthy said in the letter.

Read the full story in TechCentral here.