Telkom and Rain merger talk gathers steam

  • 📰 TheSAnews
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 59%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rain 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
Source: mybroadband - 🏆 11. / 67 Read more »

Rain 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.
Source: BusinessTechSA - 🏆 24. / 61 Read more »

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.
Source: BDliveSA - 🏆 12. / 63 Read more »