MyBroadband has seen the revenue calculation models developed by Kenneth Nkosana Makate’s legal team that the Supreme Court of Appeal ordered Vodacom to use.
South Africa’s Supreme Court of Appeal has ordered Vodacom to pay Kenneth Nkosana Makate a minimum of R29 billion for his Please Call Me idea.
“The applicant is entitled to be paid 5%–7.5% of the total revenue of the product from March 2001 to date of judgment by the Second Respondent, together with the Mora Interest thereon, alternatively interest in terms of Section 2A of the Prescribed Rate of Interest Act,” the order stated. These models make certain assumptions about the number of Please Call Me messages sent over 18 years, their success rate, the average call duration, and the average call revenue.
Model 9A was trickier to analyse as it assumed 15% revenue share and didn’t break down the final compensation by Mora Interest and Special Interest.
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