Fair Value: 3314
% of Fund Value: 27.9
The telecommunications company has an initial focus on data as a primary offering and the goal of becoming a full-service mobile network operator.
Rain is intended to be a “full service” Mobile Network Operator, focusing on data as a primary offering. The major assets constitute spectrum licenses and Rain has made significant progress in building a dedicated national LTE Advanced network in the valuable under-utilised frequencies. Among other frequencies, Rain currently holds an allocation in the 1800 MHz band, along with the other major operators, as well as an allocation in the sought after 2.6GHz band, where it holds the only licence.
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TymeBank, Rain boost ARC portfolio value
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Rain’s valuation jumps to R18 billion
African Rainbow Capital Investments (ARC) has reported an 11.3% increase in its intrinsic portfolio value, to R13 659 million – Co-CEO Johan van Zyl says Rain’s contentious merger offer for Telkom is still in the works African Rainbow Capital Investments (ARC)
Rain will be “player of note” in fixed and mobile broadband
Rain intends to be a “player of note” in South Africa’s fixed and mobile broadband market, according to African Rainbow Capital (ARC) co-CEO Johan van Zyl. During ARC’s annual financial results for the year ended 30 June 2022, Van Zyl
