LCR sinks TeleMasters

[rpm]

LCR sinks TeleMasters

Fixed-line telecoms service provider, TeleMasters on Monday announced an operating loss of R2.33 million and R3.72 million for the quarter and six month period ended March 2012, from profit of R5.12 million and R10.19 million respectively. more

 

[zamicro]

As predicted a few years ago, the LCR market will be in for a hard time with the lower interconnect rates.

 

[MickeyD]

As predicted a few years ago, the LCR market will be in for a hard time with the lower interconnect rates.

iirc I agreed with you... and it ain't going to get any better in future either.

 

[entrepr]

The LCR business was all about making money from arbitrage anyway - no loss to society. Although the industry did make a good challenge to Telkom's monopoly when it first started.

 

[The_Unbeliever]

LCR was good while it lasted.

Time to ditch it and rethink your business model.