Here's how a R1,000 investment in South Africa's telecoms companies would have looked like over 3 years

Chris

Journalist
Joined
Mar 10, 2021
Messages
132
Here's how a R1,000 investment in South Africa's telecoms companies would have looked like over 3 years

If you invested R1,000 in South Africa’s major telecommunications companies three years ago, your shareholding would only be worth R648 today.

South Africa’s mobile operators are often painted as companies which print money thanks to exorbitant prices.

This may have been the case 15 years ago when they showed strong growth and enjoyed excellent margins on voice calls, but the game has changed.
 

nicroets

Senior Member
Joined
Apr 14, 2004
Messages
550
Not just the telcos suffered:
Comair gone due to the lockdown being too harsh.
City lodge almost gone
ArcelorMittal almost gone
Wescoal and other coal companies down more that 50 % perhaps due to problems at Eskom
Invicta losing a flight with SARS and also down more that 50%
EOH getting their hands dirty
 

Swa

Honorary Master
Joined
May 4, 2012
Messages
29,387
Telecoms is a losing game unless you own the infrastructure. They already took the big profits early on, now they have competition to contend with.
 
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