Cell C CEO wouldn't rework retrenchment process

I also used to think that AKC's a piece of **** until I realised what a CEO's job entails. Now I think he's a bladdie good CEO.
But hey, haters gonna hate.
 
Lets not forget that AKC is partly responsible for the inflated MTR ripoff in the first place.



Instead of doing the right thing, you chose the path of greed.

You trust him with your money, I won't.

I agree with you. He also did not want a lower MTR, but now when he is at CellC, he suddenly supports it? He needs to grow CellC, so they are competing on price, but what will happen if they grow too big? You think they will still compete on price?
 
Why anyone allowed the sale of an asset like Vodacom [to foreigners] is a mystery. Government is right to be circumspect.

Well now I've heard everything, only one thing can still surprise me: Zuma admits to being corrupt and resigns with immediate effect with no more tax money going into his pocket and to his entourage of concubines and bastard offspring.
 
Lets not forget that AKC is partly responsible for the inflated MTR ripoff in the first place.

You can't compare MTR set up in the nineties when the mobile market was thought to only be for a few business users more comparable to the satellite phone market of today and give the guy crap. He states the market has changed, the numbers dictate a change, in fact he reckons the MTR should be 25c or less, but you aren't happy with that??

You also mention you wouldn't trust him with your money, have you seen VCs share prices since they started and under his watch? You are telling me you think that would have been a bad investment? Really? Don't get me wrong, as a consumer I am pissed that prices have been high for so long, but give the guy credit where it is due.
 
AKC, GOD said we must forgive. I have forgiven you.

You have seen the light!

So all I can say is, GIVE THAT MAN A BELLS!

Please don't make me recall this... :-), I am on the brink on porting from Vodascum, that you created.
 
You can't compare MTR set up in the nineties when the mobile market was thought to only be for a few business users more comparable to the satellite phone market of today and give the guy crap. He states the market has changed, the numbers dictate a change, in fact he reckons the MTR should be 25c or less, but you aren't happy with that??

So, why didn't he drop the MTR while at Vodacom? Only now that it is hurting his current employer, does he care.
 
So, why didn't he drop the MTR while at Vodacom? Only now that it is hurting his current employer, does he care.

Because that's not what Vodacon shareholders wanted, maybe?
 
So, why didn't he drop the MTR while at Vodacom? Only now that it is hurting his current employer, does he care.
That
Because that's not what Vodacon shareholders wanted, maybe?

and did you not read the part about market size when the initial MTRs were set? What would have motivated him to reduce revenue for VC? How long do you think he would have stayed CEO if he had pushed to heavily reduce the MTR back at VC? It was a duopoly, the board would have sacked him.

Please understand I am not happy about it, but really the blame lies with the DoC and ICASA on that one, they set up an anti-competitive environment and then never bothered to make sure rates were set at prices to stimulate the economy, rather to focus on profit max. Note Gov shares (indirectly and by politicians) would have been affected.
 
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