Naked, Telkom is not a pretty sight

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Naked, Telkom is an ugly sight

Naked, Telkom is not a pretty sight. It has been just more than a year since Telkom was stripped bare of all the protective layers of its cash cow, Vodacom, and its wrinkly body is now on show, warts and all.
 
*** looks at picture of warty vampire troll ***

hmmm... looks strikingly a lot like the government? Are they related? :D
 
I think we have all said enought about what Telkom should or should not do, it doesnt help either way.
 
Garyvdh said:
*** looks at picture of warty vampire troll ***

hmmm... looks strikingly a lot like the government? Are they related? :D
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And THAT is exactly the problem!!!! Come on govt, sell your shares in all telco's!!!
 
Analysts have consistently said that Telkom severely overpaid for the stake -- the purchase price was more than three times the $44-million price tag recommended to Telkom by KPMG.
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This is exactly where the ANC muscle stepped in and pushed their weight around.

Ekwow Spio-Garbrah, a government representative on the board, was the only Telkom director to object to the sale and was subsequently fired on April 28 last year.
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Not a comrade!

Get out of private business government, the United States of Africa will have to happen using principals of unity on a corrupt continent, a tough job indeed for a political party besieged with back-slapping and selective camaraderie.
 
Kuga said:
This is good news. Telkom is finally dying a slow, painful death!
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um, I don't want it to die... yet. Who will supply my ADSL?

I want Telkom to get rid of the government interference and unbundle the local loop.
 
They deserve all the pain they can get. As a company I found them very friendly and efficient to deal with, but the ANC factor is what makes it sucky.
 
Telkom is a very bitter sweet situation. On the one hand it's getting what it deserves for manipulating the system all these years and letting idiots run the company.

On the other hand the biggest problem for me as with all big companies that go down.....what about the poor innocent workers?

If Telkom has to down size the ripple effect can be tremendous.

I just hope they sort out their stuff and get rid of the incompetent staff at all levels!!!
 
Like a wise man told me now: "Eish, ons het hom die Telkom ook klaar gemelk". I noted that MyADSL publish allot of articles on how mobile broadband is overtaking landline broadband as if it is a good thing. I don't know what MyADLS gets in return but read this : "MOBILE BROADBAND IS NOT A SOLUTION IT IS ORGANIZED CRIME". Imagine Vampire Vodacom takes over our broadband needs in SA, could you imagine! We will be back to square one regarding internet cost.
 
TitanKing said:
Like a wise man told me now: "Eish, ons het hom die Telkom ook klaar gemelk". I noted that MyADSL publish allot of articles on how mobile broadband is overtaking landline broadband as if it is a good thing. I don't know what MyADLS gets in return but read this : "MOBILE BROADBAND IS NOT A SOLUTION IT IS ORGANIZED CRIME". Imagine Vampire Vodacom takes over our broadband needs in SA, could you imagine! We will be back to square one regarding internet cost.
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Actually... there is more competition in the cellular market than there is in the fixed line sector. And our mobile data rates are already some of the cheapest in the world. But yes... we know what you are getting at.
 
Garyvdh said:
um, I don't want it to die... yet. Who will supply my ADSL?

I want Telkom to get rid of the government interference and unbundle the local loop.
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Haha, don't worry I think if they do die or get close to death, other (and hopefully more competent) companies will start buying out Telkom's assets.. such as maybe the whole fixed line adsl part.
 
Reading all this doom and gloom about Telscum and the fixed line business decline I am just amazed that Telkom has not ran the ADSL race harder... ADSL could be the last proper reason for users to have landlines (home users at least) if we are all replacing them with mobile phones. By decreasing prices and being competitive in the ADSL market they could actually really grow that business and potentially even save the cancellation of many land lines.

But wireless broadband is still not the same as proper wired broadband, and I am afraid that Telkom might also get on the whole wireless bandwagon with everyone else by pushing yet another crazy wireless technology that we don't really need (we have so many already) and in the process make ADSL a niche market for only certain higher end users who prefer the wire. That would be a very bad move.
 
Telkom Mobile is an insanely stupid idea and a waste of a ton of money. How can they expect to compete with the like of giants Vodacom and MTN? CellC are small and Virgin Mobile even smaller. I don't see Telkom doing well here.

Money should rather be out into an IPTV service or at least a consideration of a complete home communications package. A product offering combining a telephone, adsl and TV service would be a fresh approach to the normal way we purchase entertainment/communications. It baffles me how the likes of Multichoice haven't done this already.
 
Good post Knersus.

I sometimes wonder what legal position Telkom would have to sue government for their inability to do anything at all about the continuous copper cable theft that is plaguing their infrastructure.
Is the presence of government on the company board preventing the obvious pointing of fingers at government failure?

Never mind the whole two-faced approach that government is taking regarding broadband infrastructure, on the one side of the face government is holding Telkom back by forcing them to make investments that don't make any sense, and on the other side of the face, government is creating companies to compete directly with Telkom.

I feel really sorry for the entity called Telkom, they could have been brilliant, but are being obliterated for some obscure reason.
 
Telkom Mobile is an insanely stupid idea and a waste of a ton of money. How can they expect to compete with the like of giants Vodacom and MTN? CellC are small and Virgin Mobile even smaller. I don't see Telkom doing well here.

Money should rather be out into an IPTV service or at least a consideration of a complete home communications package. A product offering combining a telephone, adsl and TV service would be a fresh approach to the normal way we purchase entertainment/communications. It baffles me how the likes of Multichoice haven't done this already.
 
Yay lets get a mobile service up and running when our ADSL isn't up to scratch :D

<3 telkom.................................................................
 
The Nigerians caught Telkom out? Maybe it was another 419 Scheme.

But seriously, what board of directors permits an investment of R5.2 billion in an offshore loss making entity with a net asset value of R 338 million? I wonder what sweeteners were paid to the facilitators of deal :sick:

For example, if the board of VC did this, I guarantee the CEO would be summarily dismissed followed by a few others as well - no waiting for contracts to expire.
 
Really easy to fix if Telkom actually bothered to listen to their customers.

1. Lower ADSL line rental. How can you expect more people to sign up for a service that won't go down in price? At the moment I pay about R550 just for line rental, without having done any data
transfer!
2. Naked ADSL Options. Why must I pay for a telephone line I don't even use?
3. Get the hell out of the rest of Africa and fix your problems HERE.
4. Get out of mobile and fix your fixed line network first.

So simple a child could understand it. Which says a lot about the mental ability of Telkom management.
 
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