NexaWave Fibre Networks — Regulatory & Compliance Framework

The regulatory and compliance framework - the ICASA ECNS and ECS licensing, the wayleaves and the governance underpinning NexaWave.

NexaWave Fibre Networks Business PlanSection 14 › Regulatory & Compliance Framework

Section 14 · Business Plan

Regulatory & Compliance Framework

The regulatory and compliance framework – the ICASA ECNS and ECS licensing, the wayleaves and the governance underpinning NexaWave.

Fibre infrastructure operates under a defined but demanding
regulatory regime centred on ICASA licensing and municipal wayleaves.
NexaWave treats regulatory and municipal relationships as core
infrastructure.

Regime Requirement NexaWave approach
ICASA — ECNS licence Individual Electronic Communications Network Services licence to build & operate infrastructure Application filed pre-build; compliance & reporting function established
ICASA — ECS licence Electronic Communications Services licence for service provision Held to enable wholesale service; retail left to ISP partners
Municipal wayleaves Per-municipality permits for civils, poles, trenching, road reserves Dedicated wayleave team; early structured engagement; rapid-deployment compliance
Rapid Deployment Policy National framework for infrastructure deployment on public land Aligned processes; escalation where municipal delays arise
Environmental & safety EIA where applicable; OHS on civil works Contractor governance; environmental screening per route
POPIA & consumer Data protection for subscriber data held on behalf of ISPs Privacy-by-design; operator agreements with ISP partners
Competition Merger/market-conduct oversight (as seen in Vodacom–Maziv) Open-access neutrality is inherently pro-competitive; proactive engagement
MUNICIPAL WAYLEAVES — THE SECTOR’S DEFINING EXECUTION
RISK

Wayleave delays are the most common reason fibre builds slip schedule
and budget in South Africa. A build plan predicated on passing 2.8
million homes across multiple municipalities in five years is acutely
exposed: each municipality has its own process, capacity and pace, and
delays compound because capex is committed but revenue is deferred until
homes are passed and connected. The plan’s mitigations — a dedicated
wayleave function, early engagement, rapid-deployment compliance and
phased geographic sequencing — reduce but cannot eliminate this risk.
Funders should treat homes-passed velocity as the primary build-phase
covenant, ahead of financial metrics.

Confidential — this business plan is provided to prospective investors and lenders for evaluation purposes only and may not be reproduced or distributed without the written consent of NexaWave Fibre Networks (Pty) Ltd.