Tag: Rain
Consortium makes unsolicited bid for state’s 40% stake in Telkom
The South Africa government has received an unsolicited bid for its 40.5% stake in Telkom, following an announcement that MTN Group is in early-stage talks...
Rain accused of flouting regulations in Telkom merger announcement
The South African Takeover Regulation Panel (TRP) has accused Rain of flouting companies regulations in announcing its plan to approach Telkom’s board about a...
Rain proposes merger with Telkom, rivals MTN deal
South African mobile network operator Rain has formally requested to present the Telkom board with a proposal to merge the two companies.Â
The reason is...
Telkom, Rain splash US$197 million in spectrum auction in SA
Telkom South Africa and Rain have won two slots of spectra each at a combined cost of over US$197 million in the first round...
Spectrum battle in South Africa: Rain supports regulator against 3 telcos’...
South Africa wireless broadband operator, Rain has thrown its weight behind the industry regulator in a legal showdown with Telkom, MTN and Vodacom over...