VoIP

[MaD]

http://www.adslguide.org.uk/

Read the first article listed there...

<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica" id="quote">quote:<hr height="1" noshade id="quote">VoIP as a technology is going to drive down the cost of voice communications in the next couple of years as integration between IP and switched networked is becoming fuzzy. For <u>BT's shareholders, the good news is that the company has realised this is the future of telecommunications</u>, both within telco network and end user levels <hr height="1" noshade id="quote"></blockquote id="quote"></font id="quote">

Now <b>there's</b> a company with some brains behind the wheel. Unlike the tw@ts at our beloved telco. We must still be many years away from this kind of thing even though we have the most advanced telecoms infrastructure in Africa (which isn't tough []), and rates amongst the best in the world.
Pity it's all rotting away underground. Surely, if the public bought all those shares when TK listed, doesn't the public have any say in the way the company is run?? I missed that day in business ec so don't know.. []

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Just imagine where SA would be now if it weren't for Telkom

 

[mbs]

By definition, every shareholder owns a piece of a company through proportional share allotment - this means that specific voting rights attached to certain share types would result, and the shareholder may vote on particular issues put to the vote at shareholders' meetings, either themselves or through an approved proxy. Invariably, the shareholder with the most number of shares holds sway, which is a fundamental failure of majority voting rules. Be all that as it may, I don't recall Telkom ever holding a shareholders' meeting - why would they need to, when the majority shareholding is still owned by Government (i.e. the Ministry)? So minority shareholders effectively have no real say in whatever Telkom does, which is why they tend to act as a law unto themselves...