Company appears to be making plans to enter a market with more than 100-million SIM cards
Nearly six months after it initially proposed to join forces with Telkom, Rain is gearing up to enter SA’s competitive mobile market in the second half of 2023. This is according toIn January Telkom and Rain abandoned merger talks. Market players had indicated they were not convinced that a tie-up with Rain was best for Telkom, many still hoping for MTN to buy out the fixed-line company.
Even then, Rain appears to be moving forward with its ambitions, making plans to enter a market with more than 100-million SIM cards. Despite its small size, the telecom company emerged as one of the winners of the Independent Communications Authority of SA’s much anticipated spectrum auction in March 2022.
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