R25-billion valuation for Rain – up 16% from last year

by Speedinet | Sep 16, 2024 | African Rainbow Capital, African Rainbow Capital Investments, ARC Investments, News, Rain, Sections, Telecoms

Rain shareholder African Rainbow Capital Investments has valued the wireless broadband operator at R25-billion.

Rain now valued at twice Telkom’s market cap

by Speedinet | Sep 14, 2023 | African Rainbow Capital, ARC, ARC Fund, ARC Investments, News, Rain, Sections, Telecoms

Rain shareholder African Rainbow Capital Investments has valued the wireless broadband upstart at R22.2-billion.

Rain to report full-year Ebitda north of R2-billion

by Speedinet | Mar 16, 2023 | African Rainbow Capital, African Rainbow Capital Investments, ARC Investments, MTN, News, Rain, Sections, Telecoms, Telkom

The wireless data provider is set to record more than R2-billion in full-year Ebitda, after IFRS 16 adjustments, shareholder ARC Investments said.

Rain to move beyond data and into voice services

by Speedinet | Mar 16, 2023 | African Rainbow Capital, African Rainbow Capital Investments, ARC Investments, News, Rain, Sections, Telecoms

Rain, which provides wireless, data-only services, plans soon to launch a mobile service, one of its shareholders said.

Rain valued at R17.9-billion by major shareholder

by Speedinet | Sep 13, 2022 | African Rainbow Capital, ARC, ARC Investments, Investment, News, Patrice Motsepe, Rain, Sections, Telkom

African Rainbow Capital Investments has attached a valuation to wireless Internet operator Rain of R17.9-billion, a 7.9% increase over last year’s figure.