Sentech Financially Unstable?

Inkblot

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Disclaimer: Although I've heard it from a reliable source (with a family connection at Sentech) the following is an unconfirmed rumour based on hearsay.

[:0]Apparently Sentech is in financial difficulty with only enough money left to pay salaries for the next three months. Apparently no bonusses have been paid at all and several staff members have had to re-apply for their positions. From what I've heard there is a lot of dissatisfaction among employees with top management (regarding business decisions, spending etc.)

[?]Anybody able to confirm or deny this? Hearing this left me wondering about the future of MyWireless. My first reaction was that surely a "big" company like Sentech cannot be in financial difficulty? Perhaps it is just certain divisions / departments? Then again... this is South Africa... anything is possible.

[8)]With a large enough user base MyWireless can certainly be a very profitable product / service (once the capital-layout/infrastructure is in place). "What if" scenarios left me hoping that should the worse case scenario realize... hopefully some other Service Provider (Mobile Phone / ISP) will take over and continue with the service. For us end-users, obviously there will be a lot of legal issues / questions regarding the 24-month contract etc. Alas, time will tell.

[:)]*Inkblot stirs another spoonful of sugar into his steaming cup of coffee as he quietly ponders the relative speed of life on the technological highway*
 
This better not be true or else ProAsm shed some light?


.Fantasy is what people want, reality is what they need.
 
Maybe the cost of their oversized stand at Futurex
(it was the biggest stand) has put them into the red![:(!]
As for this story.... highly unlikely given the deep
pockets of this parastatal!
 
I doubt that this is the case ... just hang on a little before you get everyone in a frenzy, sentech customers are jumpy enough as it is.

Tower: PTA Sunnyside (36)
Signal: 38%
Package: 128K
 
There is no way that Sentech is unstable. With packages advertised at 256K coming in at 48K, there is no way that this can be true. At this rate, Sentech is looking at become the next MTN or Vodacom. Bendover and take it without KY Jelly.
 
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica" id="quote">quote:<hr height="1" noshade id="quote">Bendover and take it without KY Jelly.<hr height="1" noshade id="quote"></blockquote id="quote"></font id="quote">
that's just wrong ...

Tower: PTA Sunnyside (36)
Signal: 38%
Package: 128K
 
lighten up malec, or would you prefer that Sentech uses a lubricated condom.
 
That was funny tho... hehehehe..

KY isn't the best though - they should use what Telkom uses it's the best in the world.. the Americans brought it over when they arrived to hijack our country's Telecoms sector.

<font color="navy"><font size="1"><b>Where others have progress, we have Telkom.</b>
Hellkom website - http://telkomsucks.0catch.com</font id="size1"></font id="navy">
 
Another rumour...this is silly.

Focus on the negative and that's what will be reflected st you.

-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;-&lt;

...and Gandalf stared into the distance with a faraway look of gold...
 
support guy phoned me at 7.30pm t'night to find out if another support guy ,who was supposed to have phoned me 3 weeks ago ,had phoned me yet !!

anyway i asked him if sentech was in any financial difficulty and he seemed genuinely surprised

nuff said
 
Yes... sure is a load of crap!

Besides....Sentech could always sell it's major asset.
The sale of ProAsm to MTN.[:D]
 
Sentech was hived off from the SABC over a decade ago.
They are totally seperate, totally independant of each other
and have no common mangement.
 
Sentech is the reason we get tv and radio, I highly doubt they are bankrupt.

They may have slight money issues from the mywireless issues but to be realistic I dont think this is their main business.
 
Well we're all on Sentech's side here so..

Sentech - we're holding a collective thumb for you... even if you're not in financial trouble then at least that your bandwidth problems get sorted [:)]

<font color="navy"><font size="1"><b>Where others have progress, we have Telkom.</b>
Hellkom website - http://telkomsucks.0catch.com</font id="size1"></font id="navy">
 
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