Industry sources have told MyBroadband that Vodacom is in talks to get a stake in VAST Networks.
The report uses news that VAST Networks, which will be owned by Dimension Data and Naspers, is available.
Dimension Data and Naspers previously declined to supply comment on the matter.
VAST Networks was established in 2015 as a shared venture between Dimension Data and Naspers, which own 51% and 49% respectively.
The organization is an open-access Wi-Fi network infrastructure provider, delivering carrier-grade Wi-Fi in Southern Africa.
Vodacom told MyBroadband that it does not comment on speculation, in response to queries on the most recent reported cope with VAST.