Patrice Motsepe’s African Rainbow Capital has increased the value it attaches to telecommunications operator Rain to R12.1-billion.
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African Rainbow Capital has attached an intrinsic value to telecommunications upstart Rain of R11.7-billion, or almost a third of Telkom’s market capitalisation.
Liquid Telecom is giving serious thought to leveraging its spectrum asset in the 3.5GHz band, which happens to be ideally suited to the roll-out of next-generation 5G mobile broadband technology.
Liquid Telecom said on Thursday that MTN South Africa will roam on its soon-to-be-launched 4G/LTE network. MTN will be Liquid Telecom’s first customer on the network.
Data-only network operator Rain said on Wednesday that it has become the first company in South Africa to launch a commercial 5G network.
Telkom customers will not be able to roam onto Rain’s network as part of the newly announced roaming agreement between Telkom and Vodacom.
Rain will build a 5G network in South Africa, chairman Paul Harris said at the South Africa Investment Conference on Friday. It will leverage its existing spectrum allocation in the 3.6GHz band to do this, he said.
In the TalkCentral podcast this week, Vodacom and Rain’s roaming deal, Standard Bank’s MVNO, the Internet Service Providers’ Association’s demands, Huawei’s Mate 20 Pro and Adobe Creative Cloud 2019.
Newly appointed Liquid Telecom South Africa CEO Reshaad Sha said in a podcast interview with TechCentral on Thursday that one of his top priorities is unlocking the potential of its valuable spectrum assets.
Cell C could be the big winner from new mobile operator Rain’s decision to suspend sales of fixed-LTE products with effect from 1 November 2018.