Kloofvreter
Honorary Master
Well if its delivered over LTE as a technology, then its LTE.. its not rocket science really.
He wants every subscriber to every LTE tower to get the maximum LTE speed.
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Well if its delivered over LTE as a technology, then its LTE.. its not rocket science really.
IDIOTIC?
They pump millions in advertising LTE and come up with great data packages and are now surprised to be bombarded with data?
Re-Active??? Its a disgrace how telkom has wasted taxpayers money. ceo's should be charged for making reckless financial decisions.
Telkom doesn't get funding from government instead government is benefiting via Dividends, Telkom is sustainable on its own.
Perhaps the "fact-police" would like to explain how -- 10Mbps is LTE speed
When last did Telkom receive ANY funding from Government? Most definitely not since October 1991 (and even before that but I'm too lazy to find you a source - go do your own research).And where does the money come from that Gov invests in Telkom? Entirely from dividend profit?
"Telecommunications and Postal Services Minister Siyabonga Cwele was pleased that Telkom had performed steadily in the past four years, "especially given that there were suggestions that it be sold".
He said although the government would again receive a substantial dividend, which would go into the National Revenue Fund, "It is our view that we should start to reinvest a substantial amount in the rollout of a modern ICT infrastructure"."
... http://www.bdlive.co.za/business/technology/2016/06/07/leaner-telkom-looking-for-growth
If one looks at the Telkom shareholding: http://www.dtps.gov.za/portfolio-organisations/telkom/59-popular-topics-2.html , there are some clear under-performers and organs who are doing diddly squat in terms of their mandate and responsibility.
Where does the money come from to keep them propped up?...
By ensuring that Telkom remains their cash cow of course, and remains a monopoly as long as possible, by utilizing tricks such as mentioned in this article.
Most comments have been to the tune of "Telkom is a listed business, and Gov just get's dividends from their investment."
Well then, please show how a private listed company is allowed to operate, receiving share investment derived from taxpayer money, receive payments from state organs due to the hybrid investment/relationship structure ( http://www.infraco.co.za/CorpProfile/Document Library/Broadband Infraco Annual Report 2015.pdf ) and this same company enjoys monopolistic government protection?
1. http://mybroadband.co.za/news/telecoms/161142-super-network-will-give-telkom-a-massive-monopoly.html
2. http://mg.co.za/article/2005-06-10-telkom-basks-in-profits
3. http://www.itweb.co.za/index.php?option=com_content&view=article&id=70099
4. http://www.itweb.co.za/index.php?option=com_content&view=article&id=70099
5. https://www.techcentral.co.za/telkom-walks-away-from-infraco/66259/
Nxasana has a ready answer for accusations that Telkom bleeds the economy to achieve such numbers. He points out that profit growth easily outstripped revenue growth, pointing to a more efficient company. He says the company will be investing almost as much in new infrastructure this year as it is paying shareholders for last year, and that infrastructure will benefit the entire country. And he takes exception to the suggestion that current shareholders are benefiting from taxpayer money invested in Telkom over past decades.
“Look at the time we listed. It was just before the Iraq war. There were problems all over the equity markets with the likes of Enron and investors were being very careful. We listed at what was a fair price and our investors took that risk; it could just as easily have gone the other way. Now they are receiving the rewards [for their risk].”