Telkom has turnaround plans

[Sting]

@Paul,
With the wholesale/retail split you have transfer pricing, which will set wholesale prices to be offered to any retailer, Telkom Retail included.

 

[Paul Hjul]

exactly
but my point is that Telkom's retail operations being done nationally should be able to use whoever can offer the cheapest wholesale product to them for a particular instance and the transfer pricing needs to be such that the wholesale section involved is enjoying proper recovery and return while being competitive to other wholesale offerings

 

[Beri]

Yesterday I was on a call for 1h8min to cancel a simple weekender package.... was on hold for 42 minutes..... now you retrenching skilled staff and let the majority unskilled run the company....

No. They want to get rid of the white guys at the top and not the people not picking up the phones

 

[w1z4rd]

Get rid of a lot of middle management, bring in more technical staff.

 

[Sting]

Get rid of a lot of middle management, bring in more technical staff.

This is not going to happen. Earlier reports quote the CEO as saying that in total 7000 staff must go. With their current base of around 19500 and around 2600 management/specialists, this means that almost 6000 "workers" will be culled as well.

 

[Nephew_]

I thought it was another company. The name is confidential. Few can afford them, but they have worked with big retail in SA before.

And the only one who is going to make money out of this is the consultancy company.

 

[Paul Hjul]

And the only one who is going to make money out of this is the consultancy company.

who have hedged their bets by leaking chicken feed to spur a race issue - if the strategy works the consultants take credit, if it fails blame BEE and the SA labour market