http://www.businessday.co.za/articles/bottomline.aspx?ID=BD4A123271
Again, Telkom is surprised at the “negative reporting” in the press, and advises us to gain a more “balanced perspective” by looking at the company’s financial results.
This is truly in character for the fixed-line monopoly.
When yet another report emerges stating that the monopoly is more expensive than its foreign peers, or that the monopoly has fallen (again) in customer satisfaction polls, the monopoly is “surprised” and, yes, sometimes even “shocked”.
In a letter to Business Day last week, group executive Lulu Letlape says the company’s share price sits at about R140 a share, which is “not bad for a company that is badly run”.