Telkom finds itself in deep trouble

[Bradley Prior]

Telkom finds itself in deep trouble

Telkom is in deep trouble. Its fixed-line customers are leaving in droves, it has a serious reputation problem, and its debt burden has increased to worrying levels.

In its latest trading statement, Telkom warned that its earnings per share are expected to decrease by 30% to 40% compared to last year.

 

[Crusader]

Something does not make sense. It's Telkom themselves who are disconnecting people's fixed lines and ADSL...

 

[Jopie Fourie]

Telkom was never going to be a success in any event. There is not a single thing the ANC has ever started in their lifetime, not only their rule, that ever worked. Everything, every idea just simply turned to s**t.

 

[Jopie Fourie]

Something does not make sense. It's Telkom themselves who are disconnecting people's fixed lines and ADSL...

I saw this happening 10 years ago already where they left entire neighbourhoods without fixed lines and Internet. Later everyone who wanted lines were forced onto the old 8TA wireless phones.

I think they took a gamble back then and planned to get rid of all fixed network infrastructure, including ADSL and move solely to Mobile, which is now backfiring miserably on them.

 

[Mr Scratch]

Telkom SA SOC Ltd: Shareholders Board Members Managers and Company Profile | ZAE000044897 | MarketScreener

Telkom SA SOC Ltd: Company profile, business summary, shareholders, managers, financial ratings, industry, sector and market information | Johannesburg S.E.: TKG | Johannesburg S.E.

www.marketscreener.com

Shareholders Telkom SA SOC Limited (ZAE000044897)Telkom SA SOC Limited (US)

Name Equities % Government of South Africa 207,090,841 40.5% Public Investment Corporation (SOC) Ltd. 63,457,418 12.4% Telkom SA SOC Limited 14,125,557 2.76% Dimensional Fund Advisors LP 13,693,828 2.68% LSV Asset Management 11,756,225 2.30%

55.66% owned by the South African government

 

[Heisenborg]

Fk off and die

 

[konfab]

Press "S" to spit on grave

 

[rpm]

Something does not make sense. It's Telkom themselves who are disconnecting people's fixed lines and ADSL...

This is strange indeed. A company happily handing its customers to competing network operators because it cannot roll out fibre affordably.

 

[Dan C]

Glad I managed to cancel my ADSL and landline successfully this year.

 

[RedViking]

Telkoms mobile side is probably going the same direction as Cell C. Once they cut my ADSL line I'll have to look at alternatives.

Fixed LTE is a temporary solution, but not very consistent and also lack stuff like a private or static IP. Can also be pricey.

Fibre is great. But again it's expensive to install, very difficult to get if you in an estate or complex that doesn't have the infrastructure. Signing a 24 month contact is also not an option.


In the end we will still only sit with Vodacom and MTN controlling the market.

 

[CaptainPugwash]

Telkoms mobile side is probably going the same direction as Cell C. Once they cut my ADSL line I'll have to look at alternatives.

Fixed LTE is a temporary solution, but not very consistent and also lack stuff like a private or static IP. Can also be pricey.

Fibre is great. But again it's expensive to install, very difficult to get if you in an estate or complex that doesn't have the infrastructure. Signing a 24 month contact is also not an option.


In the end we will still only sit with Vodacom and MTN controlling the market.

Fully agree with your comment!

 

[Quest10n]

Telkoms mobile side is probably going the same direction as Cell C. Once they cut my ADSL line I'll have to look at alternatives.

Fixed LTE is a temporary solution, but not very consistent and also lack stuff like a private or static IP. Can also be pricey.

Fibre is great. But again it's expensive to install, very difficult to get if you in an estate or complex that doesn't have the infrastructure. Signing a 24 month contact is also not an option.


In the end we will still only sit with Vodacom and MTN controlling the market.

I'm doing the same. I've already received communication that they going to cut my ADSL and I must consider moving to their LTE solution. I'd rather take a LTE solution from someone other than Telkom.

 

[Genisys]

Telkom was never going to be a success in any event. There is not a single thing the ANC has ever started in their lifetime, not only their rule, that ever worked. Everything, every idea just simply turned to s**t.

Established in 1991. Still operating today. Pretty sure that is by no means a failure.

 

[supersunbird]

Well, since they have done this roaming on Vodacom thing, I have cancelled 2 contracts.

Then there is this idiocy of killing ADSL where there isn't fibre.

 

[Genisys]

This is strange indeed. A company happily handing its customers to competing network operators because it cannot roll out fibre affordably.

I suspect they will eventually start backtracking on their decision to kill off copper. In some areas it doesn't make sense, especially considering they only started installing MSAN's in the past 7 or so years. Maintaining the copper network will also not be difficult if they actually started with preemptive maintenance instead of rushing to fix fault after fault. Killing DSL in areas where there isn't fibre but there is a lot of subscribers will bite them quickly.

 

[RedViking]

I'm doing the same. I've already received communication that they going to cut my ADSL and I must consider moving to their LTE solution. I'd rather take a LTE solution from someone other than Telkom.

Already tried their LTE. It is highly unreliable and the speeds are some times unusable and fluctuates greatly. Evenings it is the worse. Can be anything from 30mbps to 10kbps

 

[supersunbird]

The worse thing is, Telkom knows exactly where the ADSL customers are and in which numbers and densities, they have a very big information advantage over other fibre installers, they should just start roll out where highest customer density is and then work down the list.

 

[Utterly Confused]

Telkom was never going to be a success in any event. There is not a single thing the ANC has ever started in their lifetime, not only their rule, that ever worked. Everything, every idea just simply turned to s**t.

And now the cANCer wants to introduce the NHI. Don't they ever learn. EPIC FAIL.

 

[Milano]

Telkom is a company that does not want customers. I had two residential fixed lines at one property. Moved the one line to FLLA two years ago. A year later I requested the second line be moved to FLLA. They told me my area did not qualify for FLLA. I told them it is the exact same property in the exact same area as the previous line. She said it does not qualify. Then I spoke to the supervisor who advised that they have prioritised high copper theft areas so my area no longer qualifies. So I cancelled the line as the number of faults on copper made it not worth keeping. How hard is it to digitally move a fixed line to FLLA? Thought they wanted us off copper? They appear to prefer having no customers so good for them then

 

[johnjm]

Media hype. Telkom is not in a bad state in context of the economy.