Telkom loses software dispute

[kaspaas]

http://www.fin24.co.za/articles/default/display_article.aspx?Nav=ns&ArticleID=1518-24_2034277

 

[Sneeky]

Haha, dismissed with costs, LOLlllllll

R1bn damages claim? Is that set aside or still ongoing?

 

[Sneeky]

Ring Sting

Gotto love the title of this article on the same topic.

http://www.fin24.co.za/articles/com...px?Nav=ns&lvl2=comp&ArticleID=1518-24_2034419

Telkom shares traded -3.7% down and 5 times the normal daily volume if that means anything
Overall since Telkom released their 'strong financial results' on the 13th of this month they have lost around 10% of their value.
Shame, NOT

 

[HosstheBoss]

The Telcordia contract was related to the development and installation of a customer assurance and activation system. Telcordia was to supply Telkom with and end-to-end solution to integrate the fixed-line company's operating systems to improve telephone service delivery.

Exactly what all did Telcordia's work entail?

 

[mikef]

A bit more detail in this article:
http://www.mg.co.za/articlepage.aspx?area=/breaking_news/breaking_news__national/&articleid=290824