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8ta launches new prepaid service

Aug 06 2012 08:38

Company Data

TELKOM SA SOC LIMITED [JSE:TKG]

Last traded 38.20
Change -0.7
% Change -0.02
Cumulative volume 1388090
Market cap 19.89bn

Last Updated: 15/04/2014 at 04:27. Prices are delayed by 15 minutes. Source: McGregor BFA

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Cape Town - 8ta, the mobile arm of Telkom [JSE:TKG], has launched a new product that gives subscribers almost double the value when they recharge, according to a MoneyWeb report.

The new 8ta More prepaid product will give users who recharge with between R10 and R29 20% more airtime. Those who top up by between R30 and R49 will get 50% more, and a recharge of R50 or more will buy users 100% (double) the airtime.

However, subscribers have only up to seven days to use the bonus airtime, which can also be used for data and SMSes.

“Our new offer cuts straight through the clutter in the market around prepaid rewards and provides customers with free airtime they can bank on. 

"All the customer has to do to instantly earn the free airtime is recharge with R10 or more. Therefore the more you recharge, the more you get free,” 8ta head Amith Maharaj is quoted as saying.

The service is due to live on August 12, the report said.

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