Do not underestimate Telkom. Telkom still have huge contracts with corporate customers like BHP, Absa, Edgars.. Although copper is not the ideal method of providing service he still own most of the underground and overhead fibre network. We will have to wait for the results but what I could gather is that TKG is still doing very well with data. Then Telkom still provide the 2 meg capacity to MTN, Vodacom and Cell C. Telkom shares will still be worth around R37 - R40 and with current operations in other Africa states will show a huge growth potential. Remember Vodacom was the Handicap for Telkom all the years. Telkom wanted to go wireless mobile a long time ago but Vodacom/ICASA did not want to allow it. Now that Vodacom parted from Telkom the wheels can start to turn again. Telkom currently also own a pay Television licence but seems as if he will sell it for cash after changing his long term strategies.
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