Herotel operates fibre infrastructure.
SOUTH AFRICA’S INTERNET FUTURE HAS BEEN SOLD. In a MOVE that CONSOLIDATES POWER into the hands of a SINGLE CORPORATE LEVIATHAN, the Competition Tribunal has RUBBER-STAMPED the takeover of Herotel by Vumatel. This isn’t just business as usual—this is the CREATION OF A NATIONAL MONOPOLY that will CONTROL the very arteries of our digital lives.
The so-called “conditions” attached are a LAUGHABLE SMOKESCREEN, a pathetic attempt to disguise the gutting of consumer choice. Vumatel, already a GOLIATH, is swallowing a key competitor, tightening the stranglehold of its parent company, CIVH, which is itself a puppet of the JSE-listed Remgro empire. This means ONE entity will now dominate from the national backbone to the cable under your street, dictating PRICES and CONTROLLING ACCESS. Your data, your work, your freedom—all held hostage by a boardroom’s bottom line.
This is a DECLARATION OF WAR on affordable internet and market fairness. Regulators have FAILED the public, handing the keys of the digital kingdom to a conglomerate with a history of aggressive expansion. The promise of a connected nation is being traded for shareholder profits, concentrating unimaginable power over information and communication. We are witnessing the BIRTH of a DIGITAL DICTATORSHIP, and you will pay for it every single month. The question is no longer about bandwidth, but about who truly owns the future.
Edited for Kayitsi.com
Author: Kayitsi.com
