South Africa’s biggest forum. Discuss, discover, and connect with thousands of members.
Looming - imminent...
Consolidation required to keep up the margins and turnover at the same time. Esp. with the `looming' drought. I'm inclined to think that Africa will never see cheap broadband with the economic situation right now... at least not in our lifetime.
who said that he expected only three or four large telecoms players to be around by 2012
I am inclined to agree with you - read my post:
"Telecoms changes to benefit consumers"
This is still a load of BS!!! Lip-service, lip-service and more lip-service. The South African consumer is getting tired of promises of infrastructure and increased bandwidth and speed - we have been hearing this for years now, but nothing ever actually happens.
As for Neotel - what a waste of time and effort. All the big buildup for nothing. All Neotel are, is another Wireless internet provider. Telkom still has not competition in the DSL game and that is what we were all wanting for!!! I don't want a wireless service - if I wanted that, I could have done it years ago - there was no need to wait for Neotel and all it's (Blended) Bundled Bull****. All I (and many others I know), want, it low cost, fast DSL, without a data cap (like every other country in the world). Is that too much to ask? Until some telkoms provider comes up with that, I won't budge from Telkom (as much as I hate them), and nor will a lot of others.![]()
If Vodacom does decide to buy out WBS [iBurst SA], then Vodacom should only do so after a team of forensic auditors have ploughed through WBS' financial records, and in doing so, WBS' shareholders should be willing to accept a lower price since I suspect there must be much to find of a fishy nature involving WBS and its Accounts Department and consequently the company's financial records, Vodacom should legally be able to do this since Vodacom is an existing shareholder - even if WBS objects Vodacom should be able to obtain a court order to do Vodacom's due diligence. Vodacom should also recognise that a lot of the bad debt that WBS might say it has from customers not paying, is quite possibly not true considering that WBS' Accounts Department is a headless chicken that rapes & pillages customers' banks accounts - as evidenced by the many posts and threads to that effect.
such a deal would be under competition commission scrutiny and perhaps/probably opposition from within industry