Rain is selling telecommunications business Broadlink to CipherWave, the company confirmed to MyBroadband.<\/p>\n
Rain CEO Willem Roos said that the sale is in progress, and added that Rain believes approval from the Competition Commission is not required.<\/p>\n
Spectrum licences are not included in this transaction, and Broadlink staff will remain unaffected, he said.<\/p>\n
CipherWave is a South African ISP which provides businesses with a range of connectivity options. The company also owns the Home-Connect consumer ISP, which provides fibre Internet services.<\/p>\n
Multisource completed its acquisition of WBS (now Rain) in 2015, which was the parent company of iBurst and Broadlink at the time.<\/p>\n
The business held on to Broadlink through its re-branding, but it is now disposing the company to CipherWave.<\/p>\n
Roos did not provide any additional information regarding the value of the deal.<\/p>\n
In addition to its 4G mobile data products, Rain also offers South Africa’s first consumer 5G product as a fixed-wireless service.<\/p>\n
The company plans to grow the reach of this service aggressively going forward, expanding the coverage of both of its networks.<\/p>\n
While the large part of Rain’s 4G towers is managed by Vodacom, its 5G towers are all rolled out by the company itself.<\/p>\n
Rain plans to have 5,000 4G sites and 700 5G sites in South Africa by the end of 2020.<\/p>\n
Rain is selling telecommunications company Broadlink to CipherWave, the company confirmed to MyBroadband.<\/p>\n","protected":false},"author":341028,"featured_media":284506,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[13],"tags":[5532,20401,43716,7369],"class_list":["post-335254","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wireless","tag-broadlink","tag-cipherwave","tag-rain","tag-sale"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/335254"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/341028"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=335254"}],"version-history":[{"count":0,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/335254\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/284506"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=335254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=335254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=335254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}