The NamibianThe WeekenderYouthPaperBack of the Book
The Namibian
X
Join The Namibian on Facebook Follow The Namibian on Twitter The Namibian on YouTube The Namibian RSS feed
Tue 13 Aug 2013
07:20
Last update on: 13 Aug 2013
The Namibian
Tue 13 Aug 2013
News    Opinions    Sport    Business    Entertainment    Oshiwambo    Archive    Top Revs    Letters   
News    Opinions    Sport    Business    Entertainment    Oshiwambo    Archive    Top Revs    Letters   
 SMS Of The Day * MINISTRY of Gender and Child Welfare, TEARS are rolling down as I write this SMS. The killing of women in Namibia is now like reciting a poem. Are we really getting the protection we deserve while women not being treated as part of this c
 Food For Thought * SO the Zimbabwe elections were free and peaceful and not free and fair?
 Bouquets And Brickbats * NURSES at Katutura Hospital must stop wearing those big plastic sandals at work because they are not the official working shoes. We want to see you looking smart and beautiful with your full uniform.
 SMS Of The Day * THIS nation is in dire need of a massive conference on housing. When we experienced a crisis in the education sector a crisis-control brain-storming conference was organised which resulted in the best deal ever for the Namibian child, nam
 Food For Thought * BOURGEOISIE has become a daily occupation if not the order of the day of the upper-echelons, President Hifikepunye Pohamba we urge you to revisit this unpatriotic geocentricism among your staff and the well-connected, for everybody to r
 Bouquets And Brickbats * COMMISSIONER of Prisons, can you please explain the strategies you use to appoint officers to certain positions? It is my observation that you are being fed with wrong information then you just promote individuals without making p
 SMS Of The Day * I THINK Paulus ‘The Rock’ Ambunda lost his belt because of this promoter and trainer. How can a world champion still be training at the Katutura Youth Complex where there is not enough equipment. I think they must follow the example of Ha
 Food For Thought * NAMIBIA Dairies are unable to match low prices of imported milk and this ultimately means the consumer will have to pay more for local milk. Look at the prices of the local chicken. All these profits are going in the pockets of a few in
 Bouquets And Brickbats * I AM pleased to hear that Cabinet has responded positively to the proposal of Namibia Dairies to support the industry. The restrictions which support the industry by reducing competition to ensure the survival of the industry is a
 SMS Of The Day * CEO’s golden handshakes. Somewhere on our statute books there must be a provision that if a board of directors suspends/dismisses a CEO without due regard to legal provision (substantive/procedural law) such board must carry the costs for
 Food For Thought * JACKY Asheeke was so right with her last column- why are the fathers of the dead children not being prosecuted? (Reference to the children who died in shack fires last week) Our justice system still protects men over women. In this cont
 Bouquets And Brickbats * ALEXACTUS Kaure, your column in Friday’s newspaper opened my eyes. One hardly finds impartial case study analysers in Namibia. Let’s not destroy the Polytechnic’s strong foundation (Tjivikua) as yet. At least wait until the transf
POLL
What do you think of the renaming and addition of regions and constituencies?

1. Long overdue

2. A waste of money

3. We have bigger issues

4. I don't care


Results so far:
 Older Polls
BUSINESS - COMPANIES | 2013-08-01
At N$2, Leo was a ‘handy gift’
Chamwe Kaira
TELECOM Namibia, which acquired second biggest mobile operator, Leo in November last year, for a paltry N$2 says the deal was a “handy gift” ahead of its 20 years anniversary.

Speaking ahead of the ICT summit, which the company will host next week, Oiva Angula Senior Manager of Corporate Communications and Public Relations said in an interview the price was justifiable given Leo’s poor financial state at that time.

“I must say that the selling of Powercom t/a Leo was a handy gift which came as Telecom Namibia was celebrating 20 years of exemplary service to Namibia and its people. Telecom Namibia strategically decided to go GSM and the opportunity to buy up Powercom t/a Leo just came at the right time for Telecom Namibia,” he said.

The acquisition made Leo a 100% Namibian company, owned by Telecom Namibia. “This is a very significant development for the cellular industry in Namibia. Moving forward we fully intend to ensure that we extend the Leo services to all Namibians in the shortest possible time. Secondly, the most important goal is to provide Namibians with fixed-mobile converged services, thereby providing value for money to customers,” he said.

“The sale price was N$2. This was deemed a fair price given the state of Powercom.”

With this development, all the major telecoms companies are now state owned but Angula does not see this as a problem. “Yes, the regulator Communications Regulatory Authority of Namibia (CRAN) and not the state approves tariff structures by all the operators in Namibia. Telecom Namibia/Powercom and MTC are established on commercial principles and are expected to enhance shareholder returns in their own way.”

Asked whether MTC and Leo running on different technology systems, is this not a duplicate and waste of resources, Angula said where possible all backbone infrastructure will be made available to all operators.

“The technology differentiations are on the access networks which is standard practice. Yes we are making use of the NamPower overhead cables as part of our national express routes,” he said.

“We have already begun to invest millions in the Leo network to provide greater coverage,” Angula said.

  Comment on this article

Name:
Email:
Comment:



www.weatherphotos.co.za

Windhoek 24° 0mm
Walvis Bay 22° 0mm
Oshakati 31° 0mm
Keetmanshoop 17° 0mm
Grootfontein 27° 0mm
Gobabis 24° 0mm
(August 12)
   View more ...