8ta exceeds 1 million active subscribers
Telkom today revealed that 8ta grew its active subscriber base to over 1 million
Telkom today revealed that 8ta grew its active subscriber base to over 1 million
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Same as last century actually. Oh, and we havent found a cure for aids yet or gone to mars.in this century,there are still some communities without any cellular coverage.
8ta achieved revenue of R301 million and an EBITDA loss of R1,083 million for the six months ending 30 September 2011
Well done 8ta, as much as it pains me to say it.
Meanwhile, Neotel struggles to crack 100,000, even though they're only competing against one company and not 3 others.
How long did it take Cell C to become profitable? Oh, I forgot, they're also still in the red....I wouldn't be so quick to compliment them, there are already reports of bad service starting to come through on MyBB and having R20 ARPU with a EBITDA loss of 3 times your turnover (6 month results) is not really something to be proud of. Remember this money could have gone in to fibre backhaul to ADSL exchanges and improved equipment in the exchanges themselves. Maybe even some FTTc/H...
I wonder if 8ta have made back the money on the cost of the sim cards alone...
Anyone can look good vs NeoFAIL, it seems like they have tried to find ways to stop people buying their services as much as possible.
Your comment infers that they made a loss of R1 billion whereas article says R1 million.A loss of R1 million, given that network is in its infancy and they have been running the R199 special for a number of months now, is actually quite impressive.I wouldn't be so quick to compliment them, there are already reports of bad service starting to come through on MyBB and having R20 ARPU with a EBITDA loss of 3 times your turnover (6 month results) is not really something to be proud of. Remember this money could have gone in to fibre backhaul to ADSL exchanges and improved equipment in the exchanges themselves. Maybe even some FTTc/H...
I wonder if 8ta have made back the money on the cost of the sim cards alone...
Anyone can look good vs NeoFAIL, it seems like they have tried to find ways to stop people buying their services as much as possible.
Your comment infers that they made a loss of R1 billion whereas article says R1 million.A loss of R1 million, given that network is in its infancy and they have been running the R199 special for a number of months now, is actually quite impressive.
I would have expected the loss to be a lot more.
that is about a billion... For verification see http://www.iol.co.za/business/business-news/8-ta-naysayers-were-right-1.1183367 - here is a quote from that article:8ta achieved revenue of R301 million and an EBITDA loss of R1,083 million for the six months ending 30 September 2011.
For the half-year 8.ta posted revenue of R301 million, but it made a loss in earnings before interest, taxation, depreciation and amortisation (Ebitda) of R1.1bn, adding to an earlier R1bn loss during the first five months of operation. By year end, 8.ta is expected to realise up to R2.2bn in Ebitda losses