702 Interview with MTN's CE

ShaunSA

Derailment Squad
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Sep 7, 2005
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http://business.iafrica.com/transcripts/496143.htm

I wonder if Mr Nhleko know's something that we don't...

Bruce Whitfield:
One analyst report today saying you make more from interconnect fees in South Africa than you do from actual calls themselves. I found that interesting, but also, the likes of the Icasa hearings into the dispute around interconnection fees. Where about are we in this particular process? Do you anticipate that there could be a ruling that could actually harm your profitability in the South African market over the longer term?

Phutuma Nhleko:
We don’t believe so. I think as we indicated during my presentation to investors this morning, we believe that we have a very constructive engagement with Icasa at the moment because the South African industry has got quite a lot of anomaly, so you cannot just take one aspect of it and change that without affecting the whole industry. The fact that we have got over 85 percent penetration in the country is precisely because the model as a whole does work.
 

Skip

Senior Member
Joined
Nov 3, 2005
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We have 85 percent penetration because 70% of the population lives in areas that Telkom refuse to service.
 
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