Telkom and Rain have terminated discussions relating to Rain’s proposal to merge with the majority state-owned telephony group.in merging with Telkom, in a non-binding proposal last September.
In its shareholders update today, Telkom explains: “After initial discussions, but prior to any due diligence, the parties have decided that a suitable transaction is not possible at this time. Telkom continues to execute its strategy to unlock value for shareholders and will provide an update onSee alsoThe telco’s fibre network, data centres and business operations are attractive in the increasingly competitive SA telecom sector.
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Telkom and Rain break off merger talksNetwork operators Telkom and Rain have decided to end talks that would have seen the two companies merge, following an agreement that a suitable deal was not viable. Moneyweb BusinessNews NtandoThukwana NtandoThukwana At this rate Telkom will be on date my family. They have pushed off advances from MJ🤷🏾♂️(💧) and RM (☀️)
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Telkom terminates potential acquisition talks with RainTelkom terminates potential acquisition talks with Rain - The telecommunications group said the parties had decided a suitable transaction was not possible at this time I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Jori_hexFX, and I gave Bitcoin trading another try, I successfully withdrew R90 000 after two weeks of trading, am so grateful Jori_hexFX thank you. Thanks Goodness for this. Telkom would have destroyed Rain.
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