Telkom and Rain merger talk gathers steam

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Telkom and Rain merger talk gathers steam
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Telkom and Rain merger talk gathers steam Rain has reportedly formally requested to present the Telkom board with a proposal to merge the two companies.

 

Who owns Rain? Where did their funding come from? If it/they can be traced to a foreign organization, the answer should be no. If they are fully locally owned, it's worth considering.

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Rain proposes merger with TelkomRain proposes merger with TelkomRain has proposed a merger with Telkom, saying that it would create a 5G powerhouse to compete with Vodacom and MTN. Cell C must join in order to compete This deal makes more sense than MTN-Telkom deal This is actually not a bad idea
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Rain courts Telkom with merger talk – MyBroadbandRain courts Telkom with merger talk – MyBroadbandRain has formally requested to present the Telkom board with a proposal to merge the two companies, MyBroadband reports. Yes, these two should work together.
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BREAKING NEWS: Rain approaches Telkom about R40bn mergerThe deal, if successful, could upset MTN’s plans to buy the formerly state-owned fixed-line operator mpholodipooe Another oligopoly approach that is going to crowd out SMMEs Telkom must never accept to sell however the pressure from thieves in Phala-Phala FarmGate and slaves to international thieves like Glencore. Telkom must resist it at all cost.
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