Rain in trouble for announcing possible Telkom merger Data provider Rain has gotten into trouble for their announcement on Telkom and ordered to retract it by the Takeover Regulation Panel.
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Rain lashed by Takeover Regulation Panel over Telkom approachThe Takeover Regulation Panel has accused Rain of flouting companies regulations in announcing its plan to approach Telkom’s board about a merger.
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Rain wants Telkom to walk away from MTN, merge with it instead | Fin24Telkom is currently in talks about a possible takeover deal by MTN - now data-only network provider Rain has entered the fray.
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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.
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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.
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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
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Telkom and Rain merger talk gathers steamTelkom and Rain merger talk gathers steam Rain has reportedly formally requested to present the Telkom board with a proposal to merge the two companies.
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