Telkom is stuck between a rock and a hard place. If the operator were to try to recover costs fully from its customers of servicing and maintaining fixed lines, it would have to double monthly line rental. But if it did so, it would accelerate the already-steepening decline in the number of fixed lines in service. Yet new regulations and growing competition mean it may be unable to avoid a sharp increase in line-rental charges.
Browsing: Pinky Moholi
With only a few months to go until Telkom becomes SA’s fourth mobile network operator, the question on many people’s lips is whether the fixed-line incumbent will start a price with Vodacom, MTN and Cell C. Telkom hasn’t yet decided on tariffs for its mobile offering. The company’s MD, Nombulelo “Pinky” Moholi, says these must be still be approved by the board
Politics. That may be the real reason Telkom CEO Reuben September’s contract is not being renewed when it expires in November. According to well-placed sources, he’s had a troubled relationship with the ANC under President Jacob Zuma after he oversaw the disposal of Telkom’s 50% stake in Vodacom. To understand the background, one has to go back to May