Rain twice as valuable as Telkom

[Daily Investor]

Rain twice as valuable as Telkom

Rain’s valuation jumped to R22.3 billion, nearly double Telkom’s market cap of R11.9 billion.

 

[NeonNinja]

They sure are getting their 5G right.

 

[DapperDanMan]

They sure are getting their 5G right.

Because the routers are free?

 

[NeonNinja]

Because the routers are free?

Aside from load shedding I haven't experienced any disconnections or dips. 24 hours in a day.

 

[susefan]

Rain does not have stores. This must be saving them lot of cash compared to Telkom that has to pay useless stuff in stores whose work is to give you wrong information or to tell you which number to call when you have issues with Telkom.

 

[genetic]

Rain does not have stores. This must be saving them lot of cash compared to Telkom that has to pay useless stuff in stores whose work is to give you wrong information or to tell you which number to call when you have issues with Telkom.

Yes they do. I walked into a Rain store to get a 5G modem.

 

[Sapphiron]

its all about the amount of spectrum they have and the money Vodacom is paying to roam to their towers.

 

[6spdmanual]

Not really a high bar to exceed tbf.

 

[DapperDanMan]

Most of their current staff members get paid in Rupees instead of Rands.

At this rate, they'll never run out of moola!

 

[epah]

Most of their current staff members get paid in Rupees instead of Rands.

At this rate, they'll never run out of moola!

 

[marine1]

Rain was the worst service I have had.
There is no ways that in reality this company is worth more than telkom unless it is just manipulation of the share price