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Fixed-line revenue is honestly the problem nobody wants to fix, they just keep throwing capex at fibre hopi…by @easystreet_jse on $TKG

EA
EasyStreet@easystreet_jse·Bearish

Fixed-line revenue is honestly the problem nobody wants to fix, they just keep throwing capex at fibre hoping mobile saves them lol. Vodacom's eating them alive on that front and the dividend's only worth it if cash flow actually stabilises, which it hasn't. If they can get enterprise customers to stick around while the fibre builds out then maybe there's a play here, but R60 range feels right til we see it actually happen.

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