Tribunal outcome lauded

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http://mybroadband.co.za/news/Telecoms/546.html

 

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Redshaw, who has said previously that he felt Telkom was paying above the odds for BCX, says he will be looking closely at the company's annual financial results, which are due to be released in about two months' time. "Until then it is difficult to draw any conclusions."

There have been many reports about how the looming Telkodemonopolies acquisition of BCX, has adversely affected BCX, I expect this will be reflected in BCX's financial results as well, IOW Telkodemonopolies' failed BCX acquisition has IMO made BCX even more vulnerable to being gobbled up for much less than BCX was previously valued at.

Business Connexion CEO Benjamin Mophatlane says the BCX board will convene soon to chart the way forward. No options are off the table, he says. A management buy out, first mooted last year by Watt, is one possibility that will be discussed.

surely BCX's board should already have convened by now to find its arse from its elbow? - the statement made there by Benjamin Mophatlane gives me the distinct impression that BCX is wandering through the shadow of a valley of death or something, perhaps it would be best to have an emergency board meeting and plot a sensible course that will instil confidence in BCX's management team...