DBSA grants R484m loan to Nexus to help roll out Neotel

60% debt...:eek: don't expect a price war; these guys will focus on repaying this amount...
 
requesting more info is a standard stalling tactic, don't get to excited bout that...
 
[)roi(];851322 said:
60% debt...:eek: don't expect a price war; these guys will focus on repaying this amount...
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Exactly.. I wonder what they agreement is on expected turnaround.:rolleyes: :(
 
Investing in Neotel...

Neotel said it would need a total of R8.5 billion, made up of 60 percent debt and 40 percent equity, to build its network over the next five years. Its shareholders, which include Eskom, Transtel, Tata, Two Consortium and Communitel, are expected to pump cash into Neotel.
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Time to buy shares from one of these guys?
 
And how long did it take for Telkom to earn R500million??? So on one side we have a company in excess of R2billion debt and on the other something completely the opposite. Eish thats scary...hope Neotel have some clever minds behind their work.
 
Fudzy said:
How much of Telkom is owned by the public? I remember they had some big shpiel about Joe Soap being able to buy shares.
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Ah, the mythical Illuminati Shareholders Document. One of telkom (and governments) most secret documents that should be in the public domain. As mythical as those Five Pillars. Or the tsunami.
 
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