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Absa results, Telkom shuts off ADSL and the importance of income protection

Nesan Nair of Sasfin Securities on Absa results, the Aspen cautionary and Redefine’s R400m rental arrears problem. Futurist Pieter Geldenhuys talks the end of an era for Telkom’s ADSL offering. FMI’s Leza Wells on income protection.

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I doubt ADSL is going anywhere. Telkom just launched Pure ADSL without the requirement of the analogue phone line (~R200 saving). That means a 20Mbps DSL connection is now cheaper than a 10Mbps Fibre connection! (R625 vs R697 Vumatel).

Fibre is still lacking in many areas. Where copper is “ubiqiuitous”. There have been discussions about possible collusion and price fixing among the fibre players. Recently, one provider to push its minimum speeds to 15Mbps, while also hiking the cost… Only the 100Mbps package came down in price, but at R1k+ it’s really a premium offering.

End of comments.

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