{"id":11578,"date":"2012-05-14T00:21:44","date_gmt":"2012-05-13T22:21:44","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=11578"},"modified":"2012-11-14T16:16:03","modified_gmt":"2012-11-14T14:16:03","slug":"what-you-can-buy-for-r1000-2002-vs-2012","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/11578\/what-you-can-buy-for-r1000-2002-vs-2012\/","title":{"rendered":"What you can buy for R1000 &#8211; 2002 vs 2012"},"content":{"rendered":"<p><a title=\"ADSL - Asymmetric digital subscriber line\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/2225-ADSL-Asymmetric-digital-subscriber-line\">ADSL<\/a> and mobile data prices have plunged over the last decade. The total cost of an ADSL service dropped by over 50% since it was launched in 2002, while mobile data costs decreased by 96% over the last 10 years.<\/p>\n<p>In 2002, a basic 512 Kbps ADSL service cost residential customers R966.72 per month (R67.72 for analogue line rental, R680 for ADSL access and R219 for a 3GB data bundle). The price for a 384kbps with 5GB of data, in comparison, is now priced at R358.97 (R219.00 + R139.97).<\/p>\n<p>Even more significant price-cuts are visible in the mobile data market. In 2002, a 10MB data bundle from <a title=\"Vodacom\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/1639-Vodacom\">Vodacom<\/a> cost R200 (hence R20 per MB). Today, users can buy a 1GB data bundle from the same company for R99 (10c per MB).<\/p>\n<p>Broadband prices have seen price cuts of between 50% and 95% over the last decade. These price reductions were partly fuelled by lower international bandwidth prices made possible by <a title=\"SEACOM\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/1983-Seacom\">SEACOM<\/a>.<\/p>\n<p>When compared with other products like petrol, fuel and food, broadband stands out as a product which bucked the trend of price increases.<\/p>\n<p>The following table provides an overview of the price changes of a few products over the last 10 years.<\/p>\n<div class=\"table-responsive\"><table class=\"table\" width=\"100%\" border=\"1\" cellspacing=\"0\" cellpadding=\"5\">\n<tbody>\n<tr>\n<td bgcolor=\"#999999\"><strong>Service<\/strong><\/td>\n<td bgcolor=\"#999999\"><strong>2002<\/strong><\/td>\n<td bgcolor=\"#999999\"><strong>2012<\/strong><\/td>\n<td bgcolor=\"#999999\"><strong>Change<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" bgcolor=\"#CCCCCC\"><strong>Telkom ADSL<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Consumer ADSL access (512kbps\/1Mbps)<\/td>\n<td>R680<\/td>\n<td>R289<\/td>\n<td>-58%<\/td>\n<\/tr>\n<tr>\n<td>Business ADSL access (512kbps\/1Mbps)<\/td>\n<td>R800<\/td>\n<td>R289<\/td>\n<td>-64%<\/td>\n<\/tr>\n<tr>\n<td>3GB of blended ADSL data<\/td>\n<td>R219<\/td>\n<td>R59.4<\/td>\n<td>-73%<\/td>\n<\/tr>\n<tr>\n<td>Analogue line rental<\/td>\n<td>R68<\/td>\n<td>R140<\/td>\n<td>107%<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" bgcolor=\"#CCCCCC\"><strong>Vodacom mobile data<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Out of bundle<\/td>\n<td>R45<\/td>\n<td>R2<\/td>\n<td>-96%<\/td>\n<\/tr>\n<tr>\n<td>MyMeg 10<\/td>\n<td>R200<\/td>\n<td>R9<\/td>\n<td>-96%<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" bgcolor=\"#CCCCCC\"><strong>MultiChoice pay-TV<\/strong><\/td>\n<\/tr>\n<tr>\n<td>DStv premium<\/td>\n<td>R349<\/td>\n<td>R590<\/td>\n<td>69%<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" bgcolor=\"#CCCCCC\"><strong>Fuel<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Petrol<\/td>\n<td>R4.26<\/td>\n<td>R11.77<\/td>\n<td>176%<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p>Another interesting comparison is what consumers could get for R1,000 in 2002, and what they can get for the same amount now.<\/p>\n<div class=\"table-responsive\"><table class=\"table\" width=\"100%\" border=\"1\" cellspacing=\"0\" cellpadding=\"5\">\n<tbody>\n<tr>\n<td bgcolor=\"#CCCCCC\"><strong>What you can get for R1000<\/strong><\/td>\n<td bgcolor=\"#CCCCCC\"><strong>2002<\/strong><\/td>\n<td bgcolor=\"#CCCCCC\"><strong>2012<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Litres of petrol<\/td>\n<td>235<\/td>\n<td>85<\/td>\n<\/tr>\n<tr>\n<td>Big Mac burgers<\/td>\n<td>111<\/td>\n<td>48<\/td>\n<\/tr>\n<tr>\n<td>DStv premium bouquets<\/td>\n<td>2.9<\/td>\n<td>1.7<\/td>\n<\/tr>\n<tr>\n<td>ADSL bandwidth (using multiple ADSL lines)<\/td>\n<td>0.75Mbps<\/td>\n<td>24Mbps<\/td>\n<\/tr>\n<tr>\n<td>ADSL data (using multiple ADSL data bundles)<\/td>\n<td>14GB<\/td>\n<td>130GB<\/td>\n<\/tr>\n<tr>\n<td>MB of mobile data from Vodacom<\/td>\n<td>50MB<\/td>\n<td>10,000MB<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Over the last decade, petrol prices have increased dramatically while broadband data prices have plummeted<\/p>\n","protected":false},"author":2,"featured_media":11580,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[78,26,65],"class_list":["post-11578","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-dstv","tag-headline","tag-telkom"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/11578","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=11578"}],"version-history":[{"count":10,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/11578\/revisions"}],"predecessor-version":[{"id":26527,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/11578\/revisions\/26527"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/11580"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=11578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=11578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=11578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}