Naspers: Telkom Prices Insane

[TMoose]

Johannesburg - Naspers hopes the imminent regulatory framework will help introduce real competition in the local market that has seen Telkom dominating most spheres of the telecommunications sector, says CEO Koos Bekker.

Naspers has internet subscriber platforms including a stake in M-Web.

Bekker derided Telkom's tariffs on Wednesday as "insane", and said "unless the market opens up, the country will fall behind in terms of internet density".

http://www.finance24.com/articles/c...sp?Nav=ns&lvl2=comp&ArticleID=1518-24_1729390

 

[stoke]

Interesting - more info on narspers and Nigeria and Pay-TV : http://www.finance24.com/articles/companies/display_article.asp?ArticleID=1518-24_1729368

<Q>In addition, he said, the group is gearing up for the west African market by increasing satellite footprint in the region, local programmes and local content while ensuring that its M-Net and its sports channel offerings were becoming focused on Nigeria.<Q>

Might explain the sudden crappiness of DSTV in general.

 

[dominic]

what i like about mr bekker is that he does not draw a salary - all his remuneration is linked to a performance clause involving share incentives..he does only as well as the company he runs (happens to have done bloody well)

i have time for people like that

 

[w1z4rd]

http://www.mg.co.za/articlePage.aspx?articleid=244174&area=/breaking_news/breaking_news__business/