TELKOM - The inside story

[nOhIwAy]

<font size="1">http://www.sec.gov/cgi-bin/browse-edgar?company=&CIK=0001214299&action=getcompany</font id="size1">

<font size="1">http://www.sec.gov/Archives/edgar/data/1214299/000120561303000010/prospectus424a.pdf</font id="size1">
(best to save file and open in acrobat offline)

Here you can get all the information about telkom as submitted in their prospectus to SEC plus all the SEC filings.

Looking through the numbers it interesting to note that about 60% of telkom's revenue (2001/2002) was derived from traffic on its fixed lines.

Telkom cannot afford to provide fixed monthly cost telephony as in other parts of the world.

 

[CreepyCrawley]

Well... maybe if they didn't charge so much and as a result disconnect 2 million (or about 80%) of their customers they'd have more sources of income.

Telkom se ma...

 

[BTTB]

<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica" id="quote">quote:<hr height="1" noshade id="quote">maybe if they didn't charge so much and as a result disconnect 2 million (or about 80%) of their customers <hr height="1" noshade id="quote"></blockquote id="quote"></font id="quote">

I still cannot understand why the minister didn't take Telkom to task on this issue.
The only thing the minister basically did was ensure that Telkom dropped the price of a Tickie Box call to 50c and in her announcements earlier legalising VOIP as of the 1st of Feb next year. This was part of the announcement <b>"* Provision of public pay phones. Any person may now apply for a licence to provide public pay phone services in any area of the republic. “The department is considering the removal of licensing requirements to provide these services.”</b>

The Net Result was the rest of SA paid for the installation of these 2 million lines which Telkom had to install. How many Billions did this cost. Seems such a waste of money. They could have rather opted for Plan B which they implemented only now, from the start. However Telkom could also have left their phones in an always on scenario to at least receive calls. Now the average low income earner has to buy pay as you go Airtime which is more expensive than a normal hard line.


<b><hr noshade size="1"></b><font size="2"><font color="red"><b>You can take Telkom out of the Post Office but you can't take the Post Office out of Telkom.</b></font id="red"></font id="size2">

 

[onionpeel]

<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica" id="quote">quote:<hr height="1" noshade id="quote"><i>Originally posted by BTTB</i>
The Net Result was the rest of SA paid for the installation of these 2 million lines which Telkom had to install. How many Billions did this cost. Seems such a waste of money.<hr height="1" noshade id="quote"></blockquote id="quote"></font id="quote">
Ever heard of Robin Hood?[|)]
Do you think you get value for money from the tax you pay?
- Free schooling?
- Free private medical support?
- Low property rates and taxes?
- Affordable telecommunications?
- Affordable, safe & convenient public transport?
- Effective crime prevention and law enforcement for all citizens?
When I read about the SA taxpayer footing the bill for yet another mismanaged/poorly though out idea from our government, it doesn't surprise me.[8]