Rain banks on new spectrum to increase competitiveness
Company continues to experience good demand as Covid-19 restrictions are relaxed
17 March 2022 - 19:32
UPDATED 18 March 2022 - 20:17
Rain is hoping to extend its place in the local telecoms market using newly acquired spectrum as the data-only mobile operator continues to reap benefits from increased demand in communications services brought on by the Covid-19 pandemic.
“Rain continues to experience good demand for its products as Covid-19 restrictions are relaxed and employees return to their offices for work,” said African Rainbow Capital Investments (ARC) as it reported earnings for the six months to end-December 2021. ..
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