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But the key ingredient seems to be good quality regulation.
We're doomed! Run for your livesIt seems that there is not sure fire answer to the question of whether regulation is good or bad but everyone agrees that uncertainty is fatal.
The problem is thatTelkom cares little for the interests of it's employees or for it's customers. Telkom's attitude and track record shows concern only for it's shareholders / boardmembers. If Telkom cared about's employees, then it would do it's utmost to keep the customers happy because it's the customers that provide the revenue to pay salaries and dividends to shareholder. Currently the pecking order is wrong: Shareholders / Boardmembers -> Employees -> Customers ... it should be: Customers -> Employees -> Shareholders / Boardmembers. I repeat: without customers paying the bills, Telkom cannot pay staff to provide service / install / repair faults. Without happy / motivated staff services levels provided to customers drop. Without happy customers and happy staff, shareholder / boardmember dividends become non-existent. It's only Telkom's monopoly and exploitation of what the market can bear that's resulted in our current situation. But the winds of change are blowing through our land and in time, things will change for the better. I just hope I haven't lost all my hair when that day arrivesICASA WILL not and CANNOT halve ADSL broadband prices! They cannot make wireless internet cheaper as this will cause wireless providers to go Bankrupt and they CANNOT force Telkom to be fully transparent in their pricing models all the way from bottom to top because they need to look out for the interests of their employees (and thats what being a company is all about!) and public investors. Doing so will generally be bad for Telkom.
Double that./me hears angels singing....But the key ingredient seems to be good quality regulation.
after all history has shown market forces wont work in our favour. A look at my cellphone bill proves that without a shadow of a doubt.
Its one method of improving things - another would be flooding the market with competition.Double that.