{"id":552453,"date":"2007-06-01T13:13:42","date_gmt":"2007-06-01T13:13:42","guid":{"rendered":"http:\/\/localhost:8888\/wordpress\/technology\/552453-telkom-s-new-enemy-2.html"},"modified":"2007-06-01T13:13:42","modified_gmt":"2007-06-01T13:13:42","slug":"telkom-s-new-enemy-2","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/technology\/552453-telkom-s-new-enemy-2.html","title":{"rendered":"Telkom\u2019s new enemy"},"content":{"rendered":"<p><font size=\"2\">A costly new threat to Telkom, the listed monopoly that South Africans love to hate, is set to rapidly take root in the corporate world.<\/font><\/p>\n<p><font size=\"2\">Voice over Internet Protocol (VoIP) technology is being implemented to replace traditional telephone systems, at Mr Price, with millions of rands of costs&#8217; savings expected in the next five years.<\/font><\/p>\n<p><font size=\"2\">This emerged on the <i>Moneyweb Power Hour <\/i>on Thursday when host Alec Hogg quizzed Stewart Cohen, joint chairman of the Mr Price Group, on the company&#8217;s financials.<\/font><\/p>\n<p><font size=\"2\">Cohen said Mr Price expects to save R20m to R50m a year by implementing VoIP technology.<\/font><\/p>\n<p><font size=\"2\">The move will increase costs in the first year, because there will be duplications in the system.<\/font><\/p>\n<p><font size=\"2\">After that, it is expected to cut costs to the extent that the move will add &quot;a few cents to the company&#8217;s earnings&quot;, observed market commentator Evan Walker of RMB Asset Management.<\/font><\/p>\n<p><font size=\"2\">VoIP is expected to become popular over the next few years as other companies follow suit, and this development could be &quot;a bit worrying&quot; for Telkom shareholders, <i>Moneyweb Power Hour<\/i> listeners heard.<\/font><\/p>\n<p><font size=\"2\">However, Walker said it may not be bad news for Telkom, though shareholders have &quot;got to hope that volumes come through on the Telkom side, and people use it more&quot;. <\/font><\/p>\n<p><font size=\"2\"><a href=\"http:\/\/mybroadband.co.za\/vb\/showthread.php?t=76974\">Comments<\/a><\/font><\/p>\n<p><font size=\"2\"><em>Moneyweb<\/em><\/font><\/p>\n<p \/>\n","protected":false},"excerpt":{"rendered":"<p>A costly new threat to the monopoly South Africans love to hate is taking root in the corporate world.<\/p>\n","protected":false},"author":23,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-552453","post","type-post","status-publish","format-standard","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/552453"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=552453"}],"version-history":[{"count":0,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/552453\/revisions"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=552453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=552453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=552453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}