Profits up and some prices down from Telkom

[rpm]

http://www.mybroadband.co.za/nephp/?m=show&id=3062

 

[supersunbird]

Instead of the beast dying, its just getting stronger

 

[Origin248]

You know what is really sickening. That since Telkom announced it's R30bn capital spending, it's share price plumated. Now with this kind of earnings report, we can probably expect it to rise above normal expected levels. Yet even at these profit margins Telkom is still complaining that ICASA must allow it to recover infrustracture costs. So what? After the R30bn investment, do they expect the consumers to cover that as well?

 

[Peter7]

That first line of the article sums it up nicely:

Fixed-line operator ...Telkom continues to reap the benefits of being the sole fixed-line telephony provider in the country.

 

[Tns]

That first line of the article sums it up nicely:

yup it's proof! they still making money the cash cow lives!!