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Government has received an unsolicited bid for its 40.5% stake in Telkom from an investment firm called the Toto Consortium.

There’s been outrage from some quarters about reports that Eskom intends to increase the connection fee for electricity users who also generate their own power.

Telkom said it has not it had received a proposal from Rain and remains in talks with rival MTN about a possible transaction.

Ignore for a moment that Rain, although growing fast, is a relative pipsqueak next to Telkom. Does a merger make any sense? By Duncan McLeod.

Rain plans to table a proposal to Telkom’s board that it should merge with the wireless broadband provider instead of pursuing a deal with MTN.

The Takeover Regulation Panel has accused Rain of flouting companies regulations in announcing its plan to approach Telkom’s board about a merger.

Major operators have created a new, non-profit association to look after their interests and work with government and regulators.

MTN Group shares rocketed 9% on the JSE on Thursday after it reported a solid performance in its key markets.

The mobile operator has received a $35-million binding offer for its Afghanistan business as part of plans to exit the Middle East.

MTN South Africa’s network availability was hit by recent load shedding, but the company still managed to lift subscriber growth in the first half.