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

Just 18 months ago, Tencent Holdings was on the cusp of becoming Asia’s second trillion-dollar company. No more.

Huawei reported its first quarterly sales rise since the end of 2020 as it fights the US blacklisting that hammered its smartphone business.

Apple has asked suppliers to build at least as many of its next-generation iPhones this year as in 2021.

Ether hit a more than two-month high on signs that a plan to upgrade the ethereum blockchain passed a major test.

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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.