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  5. Vumatel Pty Acquires Fibrehoods

M&A Deal Summary

Vumatel Pty Acquires Fibrehoods

On October 21, 2016, Vumatel Pty acquired communications company Fibrehoods

Acquisition Highlights
  • This is Vumatel Pty’s 1st transaction in the Communications sector.
  • This is Vumatel Pty’s 1st transaction in South Africa.

M&A Deal Summary
Date 2016-10-21
Target Fibrehoods
Sector Communications
Buyer(s) Vumatel Pty
Deal Type Add-on Acquisition

Target

Fibrehoods

Johannesburg, South Africa
Fibrehoods is a fibre network distribution company providing aerial Fibre-To-The-Home (FTTH) bringing high speed internet to suburbs across the Gauteng region. Fibrehoods was established in 2008 and is headquartered in Johannesburg, South Africa.

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Buyer(S) 1

Buyer

Vumatel Pty

Parkhurst, South Africa
Category Company
Founded 2014
Sector Communications
DESCRIPTION

Vumatel Pty Ltd. is a network infrastructure provider that supplies open access high-speed fiber optic broadband connectivity to homes in South Africa.

DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: South Africa M&A 1 of 1
Year: 2016 M&A 1 of 1
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