FNB makes its move into telecoms

There is a catch though. You need to be a FNB account holder to be able to use it.
 
A new measuring tool has been born :
- One month's banking fee's @ FNB = R66.
- One GB of unshaped bandwidth = R69.

LOL.

From : https://www.fnbconnect.co.za/products_connect_ifuel.shtml

R69.00, which includes a data voucher to the value of R69.00. Once this is used up, you can purchase data from a minimum R20 to R1000. Our calculator will show you how much data you get for the money you spend .There are no monthly caps and you pay a flat rate of R0.069 per MB
The R69 "connection fee" includes 1GB of data.
 
If ICASA had enforced the publication of Contention Ratio's, then perhaps this would be a different looking picture. I mean, sharing a 100MB line with 50 000 people is almost useless.
EDIT: 1-50000 ratio was pure speculation on my part.
 
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I tried to be critical about this offering.

But, fsckit, this is a good deal, especially if you take into consideration the cost of 6.9c for UNSHAPED data.

I'm sure better offers from other providers will follow, but this is definitely a step in the right direction, even if it's only available to FNB clients.
 
If this works with my FNB debit card then sorry Axxess, you've lost a customer. I was actually hoping that since FNB has the prepaid airtime and electricity system, that they would add prepaid adsl to their internet banking.
 
There is a catch though. You need to be a FNB account holder to be able to use it.
If you're comfortable to use the internet for banking and other electronic financial transaction systems, then there is no better bank than FNB. I've been with them all: ABSA, Standard, Nedbank. None of them comes close to FNB in the electronic banking department.
 
Another catch

They have a whopping 10Mbps pipe... eish - I could use half that myself with a local connection to ftp.is.co.za
 
Well, to all those bemoaning the offering: no one said you have to use it - it was made available and you have the choice. If you don't like it, don't use it!!!! Simple. It's like soap, or pet food, or a brand of toaster... a company makes something (product/service) available. If you as a potential customer don't like what they have to offer, leave it. Do your research or whatever on it, and if it doesn't make your life any easier, then you are not being forced to use it!

It seems everyone always has something to say (or rather b!tch and complain about), when something new is offered and it doesn't fit for them. Get over it! Not everything in life was designed with your specific needs in mind! Maybe the offering (not this specifically, but in general) was intended for another audience...
 
Well, to all those bemoaning the offering: no one said you have to use it - it was made available and you have the choice. If you don't like it, don't use it!!!! Simple. It's like soap, or pet food, or a brand of toaster... a company makes something (product/service) available. If you as a potential customer don't like what they have to offer, leave it. Do your research or whatever on it, and if it doesn't make your life any easier, then you are not being forced to use it!

It seems everyone always has something to say (or rather b!tch and complain about), when something new is offered and it doesn't fit for them. Get over it! Not everything in life was designed with your specific needs in mind! Maybe the offering (not this specifically, but in general) was intended for another audience...
FNB is obviously not spending YOUR hard paid "service fees" to provide this offering.
 
FNB is obviously not spending YOUR hard paid "service fees" to provide this offering.
One bank sponsors lucrative golf tournaments, another domestic cricket, another PSL soccer.

The irony to all this is that, of all the banks providing sponsorships and offerings with their "service fees", FNB's fees are some of the lowest.

So, you point is....?
 
Backbone

Does anyone know if this offer will be fiber or satellite based?
R69/Gig unshaped sounds like it's satellite....
 
My phone bill was usualy an average of R1200 p/m, I registered with fnbconnect last month, bought the MTN data bundles for R80 (100mb) I also installed the fnb software on my phone (to make calls). Guess what, my phone bill is now R720 (including R80 for data bundles). Amazing, isn't it? oh, i have topped up once with FNB for R50 (still have R10 left).

Basically, my phone bill went down to R770. Great great great product FNB, well done.
 
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