"ClubTelco is a very similar business to Eftel. It delivers...

"ClubTelco is a very similar business to Eftel. It delivers around 60,000 services"

"The transaction, which is subject to Eftel shareholder approval, will see your company double in size to 120,000 active services"

So here they go again.
The ctically bleeding to death EFT needs to give away 75% of the company in order to bring their customer base back to where it was 12-24 months ago .... 120k active accounts.

Since the outset, the board & management have relied on buying customers from other companies to maintain its 100+k customer facade.
On the face of it they have never achieved any organic growth from their own efforts, indeed they have managed to continually and consistantly lose customers (that they have paid for)

Surely the message is clear.
A complete purge of the Ehrenfeld 'gang',from the boadroom through all seats in the business (sister, cousins, friends etc) is desperately required