Rain proposes merger with Telkom

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Rain has proposed a merger with Telkom, saying that it would create a 5G powerhouse to compete with Vodacom and MTN.

Rain has formally requested to present the Telkom board with a proposal to merge the two companies.

It said there is a strong business case for a Telkom-Rain merger and that it offers a more pro-competitive alternative than“Some consolidation in the industry is both desirable and inevitable as it leads to better utilisation of infrastructure,” Rain stated. Its network covers over 6 million homes, and Rain said it has one of the largest Stand Alone 5G networks globally.

Rain CEO Brandon Leigh said they had seen substantial growth and acknowledged that this caused early customer service teething problems.

 

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Rain trying to polish a turd! What a laugh , unless they’re after ageing infrastructure

That is a terrible idea! The same for being bought out by 1 of the other networks too.

I would definitely support this. This would be a great partnership

This is actually not a bad idea

This deal makes more sense than MTN-Telkom deal

Cell C must join in order to compete

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