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The company is disconnecting about 3,5m low-usage Sim cards from its network. Most of these Sim cards generate less than R1/month ...
Hackney expects Vodacom’s subscriber numbers to show a decline. The company is disconnecting about 3,5m low-usage Sim cards from its network. Most of these Sim cards generate less than R1/month for Vodacom and the company says disconnecting them won’t affect revenue materially.
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Kaplan also wants to know how far Telkom has been able to rein in costs. “Every time they seem to find more fat. How much more can they do?” he asks.
Cost-cutting has enabled Telkom to boost its profits in recent years. In the six months to September 30 2005, the company grew operating profit by 37% to R7,5bn and headline EPS 35% to R7,76.
Telkom will be hard-pressed to repeat the performance this time around. All eyes will be on Molotsane and his team on Monday to see just how much they have managed to achieve.