Africa first, okay?

She said Telkom had to think beyond the profit motive. If investors didn't like that, they could "always sell their shares, frankly".
Click to expand...

These words coming out of a Telkom employee's mouth! My jaw hangeth on the groundeth :eek:
 
Lawl .. but all the African countries know about the ANC Trojan horse (teklom) and are not letting the trojan horse in, despite several attempts.

But ... seriously ...
Shope-Mafole said the protocol was binding on SA companies. "I'm quite sure the companies did not understand this. They did not understand that it's not business as usual."
Click to expand...
HU? What protocol? I seek clear and transparent direction from my governmint. NOW!
 
Shope-Mafole said Telkom - and other SA operators that signed the agreement, namely Vodacom, MTN and Neotel - had done so outside a Nepad-sponsored policy framework for building "open and nondiscriminatory" cable networks. The framework requires that companies that invest in the cable system provide access to bandwidth at the same price to noninvestors.

"You can't just go about signing things as if you are not part of the continent," Shope-Mafole told the FM in response to the Alcatel agreement. "Servicing the rich, a minority section of the population, is not Telkom's sole mandate."

Shope-Mafole said the protocol was binding on SA companies. "I'm quite sure the companies did not understand this. They did not understand that it's not business as usual."
Click to expand...
Telkom (all of them) are an insult to south african citizenship, the president, and the country. They ALL stink as corporate citizens of this country. As to government dictating how companies do business, well that is another subject; fact remains in any other 'civilised' country a call to action by the PM or Prez is not something simply to be ignored. Fire them all. Lower the prices now dammit. We get poorer daily (never mind supposedly being rich!)
 
She said Telkom had to think beyond the profit motive. If investors didn't like that, they could "always sell their shares, frankly".
Click to expand...
Strong words from Government. I think we need to see how the market reacts. If there is no move, we know that they basically ignore Government's words...thinking that they are all talk and no do. I will personally wait for action before believing that the DoC is serious about what they say.
 
They should ALL step up instead of stepping back!!

(calling plans, bandwidth prices, percentile usage, multichoice, line rental, etc, all SUCK, step up or step out.) You were long ago rumbled: now is the time!!
 
Shope-Mafole said Telkom's management team needed to understand clearly that the company was domiciled in a country where a clear foreign policy objective of government was the development of the African continent. "If that is something that is not for you, that company is not a place for you," she said.
Click to expand...

"You can't just go about signing things as if you are not part of the continent," Shope-Mafole told the FM in response to the Alcatel agreement. "Servicing the rich, a minority section of the population, is not Telkom's sole mandate."

Shope-Mafole said the protocol was binding on SA companies. "I'm quite sure the companies did not understand this. They did not understand that it's not business as usual."
Click to expand...

The government seems obsessed with controlling everything, to be blunt who cares what the government's foreign policy objectives are. Government's obsession with controlling everything is what got us into this mess in the first place, worry about SA for a change and not about "uplifting Africa". Fully liberalise the market and allow whatever company wants to offer services here to do so.

The framework requires that companies that invest in the cable system provide access to bandwidth at the same price to noninvestors.
Click to expand...

Maybe I'm missing something but isn't there then no incentive to invest? :confused:
 
More talk...

I'll give this a bit of time before letting loose the stream of vitriol...

The rich minority can go stick themselves... it's not my problem if they want to get richer, they're rich enough.
 
I don't get it .. governmint want inverstors, but they want complete control cos they have to protect SA from the crap they've created.

Governmint is setting up their own illegal networks and want to get somebody else to manage them.

Governmint is making plans then stopping them half way.

Governmint is creating policy based on an African something or other, but claiming to be looking after South Africa.

Somebody give them clear and specific direction, so that I can also have clear and specific direction.
WHERE IS THE LEADER?
 
HosstheBoss said:
OK my bad, thought she works for telkom, see she's with the DOC, carry on
Click to expand...

Well the number of times she's kinda not said bad things of them u have to wonder.. then again thats now typical of DoC. This article is kinda weird as it looks like they want to pressure companies to come right.. but it is april so who knows it it was just a freak occurance.
 
Neotel should just launch so they will have some true competition. Although we don't like Telkoms high prices, we have to remember that they are after all a registered company.
 
Papi called this upon himself. The writing was on the wall and he didn't take heed to it. He should have been friends with MyADLS 'knucleheads' but he simply ignore us. To the new 'chief' that's coming, be warned. "It's not going to be business as usual". Take my advice Mr. New Chief, create yourself a user-id and familiarise yourself with this bunch.
 
Syndyre said:
Maybe I'm missing something but isn't there then no incentive to invest? :confused:
Click to expand...

Charging non-investors a higher price for bandwidth is not necessary in order to have an incentive to invest. The incentive should be to make a return on your investment (i.e. a profit - which is the difference between your selling price and your cost), which is possible while still charging the same reasonable price to all and sundry, and not to benefit by getting a lower price than non-investors.

What Telkom, Vodacom, etc. want is to charge themselves less (or cost) for bandwidth, while charging all others, like your ISP, an excessive price for bandwidth - which is not to your benefit. This would be the SAT-3 situation all over again.

What government wants is for everyone - the investors like Telkom, Vodacom, etc. - and the non-investors like ISP's etc. - to pay the same price (cost plus a reasonable profit margin - the incentive to invest). This will level the playing field and prevent the situation that is making bandwidth so expensive for all of us at the moment.

Government are actually on our side in this and deserve your support, not your criticism.

Telkom etc. and investors want higher bandwidth costs so that they can make a killing with their investment - government wants lower bandwidth costs - if you also want lower bandwidth costs who should you be supporting?
 
Dump the share. Those are interesting words, I wonder where this will go.
 
NEOTEL it is your chance to do something for us (SA) please
 
You must log in or register to reply here.
Back
Top
Sign up to the MyBroadband newsletter
X