Vodafone sizes up Telkom

Will this change the way Telkom does business though? I doubt it, it's probably Vodafone looking to cash in on Telkom's exploitation of the local market. This would please Papi because it would no longer hurt him to sit and watch money (and consumers) that are not being exploited, because now that would become Vodafone's problem.
 
One should have seen Vodafone coming I guess. I think Vodacom and not Telkom is the big prize here. With Vodafone’s recent problems they will do well to have a very profitable company like Vodacom under their wing…
 
general_koffi said:
On the plus side, at least it'll be foreigners screwing us over and not our own people...
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How is that a plus :confused: That's like saying it's better to be raped lying flat than being raped doggy-style.
 
Highflyer_GP said:
How is that a plus :confused:
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Because, as the saying goes "a change is as good as a holiday" ..and at least it'll be a proper first-world screwing over, by a company that's had to learn to art of doing so properly, in a real market economy! /bleak.gallows.humour
 
1. What is the chairman of ICASA doing at this meeting? If it were a meeting of private shareholders, would he have been there. Not to mention the govt rep officials at the meeting.

2. "If the equity company sold Vodacom to Vodafone, then Telkom could relist its fixed-line business." - Can anyone explain what the benefits in this would be to govt and telkom?
 
Vodafone are not into the fixed line business, so I am pretty sure they will make a plan to sell off [the majority of] Telkom once they have stripped Vodacom from it's claws.
Keeping a reasonable shareholding in Telkom, will allow Vodacom to have synergies with Telkom, as both of them head northwards into Africa.
It's a classic strategy, much like that used in military conflicts. Invade in the north, infiltrate in the south and then conquer Africa from the north and the south simultaneously.
 
This is bad news in my opinion.
If the purchase happens the government will have a nice escape goat : "The racist West are screwing our citizens with high telecoms costs."
And instead of Telkom paying dividends and bonus' in US Dollars to overseas shareholders/investors they be paying them in Pounds Sterling ... :D
The only thing that may improve are the service levels but I have little doubt that they'll still screw every last cent out of us.

We need competition in the fixed line market and lots of it - period.

Paul
 
this will be good for competition if telkom is bought outright - I think once the Gvt no longer has a rediculous stake in the incumbant then we are likely to see less stalling by the Gvt and other players which currently ensures maximised profitability through retardation of legislation implementation.
 
omgwtflol
If this happens, they can offer quad play(mobile, media/tv, ip, fixed pots) & beat anyones pricing. The benefit i see is that we'd jump to hyper speed with tru convergence and single solution company, but it would also wipeout any competition. I won't be supprised if Ivy wakes up after the deal has passed, they've been paid out, and suddenly the telecoms market is opened up with vodafone crying foul play.
 
Highflyer_GP said:
How is that a plus
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Now when criticised MBeki can blame the British, like his bro MadBob does. ;)

If Vodafone has any savvy they should wait a bit longer. Telkoms share price is going to continue its downward trend.

Its going to get messy but if they do buy the beast, it might be good news in that the company will finally be split up a bit.

Is it going to be sold with its SAT-3 access, or will that actually not be a selling point anymore after the ECB is in effect and everybody has equal access? The motivation for the sale must surely be the Vodacom portion of the business and nothing else. MTN is running riot in Africa while Vodacom is twiddling its thumbs.

What about all the pending litigation, does that just get swept away?

I would love to see a list of who exactly was at that meeting and the purpose of their presence.
 
Sneeky said:
I would love to see a list of who exactly was at that meeting and the purpose of their presence.
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I am certain Gvt reps were there - perhaps even Ivy herself? Actually I think gvt might lke this deal, as they get a major cash injection from something that will probably be losing value as the recently passed legislation becomes implemented (though this implementation is "imminent", the gvt knows the sooner they introduce real competition, the sooner their massive proft taking will start trickling into potential losses)
 
well its near R13 to a pound, so thats £5.54B is that alot to buy a cell + fixed line operator?
 
Hmm.

I'm not actually sure what to say yet. My initial reaction was that this is good as I feel that it would be hard for Vodafone to make things worse. As well as this, removing the govt. share (and therefore the semi-sanctioned status of Telkom) might do a helluva lot of good as would splitting the damned company.

With any luck other big players (virgin? ;) ) will get in on the action and buy chunks of Telkom from Vodafone and establish chunks as smaller, more effective telecoms providers.

Meh. I really do hope Vodafone buys them if only for a change.
 
Um just one question, if the govt sells telkom to vodafone, what on earth are we gonna do when the tsunami hits? i mean how will we be informed?
 
LOL@ic.

Question: Are they not emphasising a Vodafone buyout of Telkom's stake in Vodacom - i.e. that Vodafone is looking to buy the rest of Vodacom from Telkom?
 
I think it'll be a good thing if they do Buy-out Telkom.. They have the finance to make changes to the current system..(telkom only charges us for their changes to the network), wich could lead to .. Maybe better caps and upgrade in linespeed (after network upgraded)
 
I don't know why everyone thinks this is a good thing. I'm still thinking about it, though at this stage to me it looks BAD BAD BAD for us.
 
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