Who is the owner of rain Network?

Does Patrice Motsepe own rain?

Patrice Motsepe’s investment holding company, African Rainbow Capital Investments (Arc), says mobile network Rain, in which Arc has a 20% stake, has been a victim of its own success as higher-than-expected demand from consumers and businesses during the lockdown put pressure on its network.

Is Rain network under Telkom?

Vodacom and Rain have merged, Telkom says – and it wants the authorities to scrutinise their deals. Telkom has asked the Competition Tribunal to declare the spectrum arrangements between Vodacom and Rain as a merger. It wants the competition authorities to scrutinise their relationship.

What network is rain using?

Rain has a lease agreement for using Vodacom’s network towers, while Vodacom has a roaming agreement to use Rain’s 4G network.

Is rain SIM card a contract?

There will be no contracts or bundles, no monthly fees, and data will not expire, it added. Customers would also be able to set and manage their SIM’s spend limit, “ensuring that they never experience bill-shock”. New customers can join online, after which a rain SIM will be delivered to their door.

When was rain founded?

Rain has been a big source of news in South Africa because its founders include the country’s celebrity former banker Michael Jordaan, who is now a venture capitalist. “The internet is the lifeblood of any economy and democracy,” Jordaan told when it launched in 2016.

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Does Telkom own Vodacom?

History. It was owned in a 50/50 partnership by the South African telecommunications giant Telkom and British multinational operator Vodafone. … Vodacom is the leading cellular network in South Africa with an estimated market share of 58% and more than 103 million customers across Africa.

Is Rain better than Telkom?

The Network Quality Score out of 10 then shows how the network performed in relation to other networks. MTN reigned supreme in 2020 with a Network Quality Score of 9.86, followed by Vodacom on 6.17, Telkom on 4.87, Cell C on 4.35, and Rain on 4.35.

Is Rain uncapped?

The product offers Rain customers anytime uncapped mobile data access for R479 per month. Users can enjoy speeds of up to 10Mbps and a streaming resolution of 360p. This affordable unlimited data product enables connectivity at all times during the month.