The Secret Sat3 Agreement – What It Really Says

Should gov negate possible contracts and open landing rights to multiple parties?

  • Yes

    Votes: 16 94.1%

  • No

    Votes: 1 5.9%

  • Not sure

    Votes: 0 0.0%
  • Total voters
    17
Considering that our government and Telkom are pretty much joined at the hip, this is all much ado about nothing really.
 
damn thing will be irrelevant before it is ever opened up properly - only potentially interesting aspect is the potential for a fight between telkom and government (aka a fight between the government and itself)
 
dominic said:
damn thing will be irrelevant before it is ever opened up properly - only potentially interesting aspect is the potential for a fight between telkom and government (aka a fight between the government and itself)
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Visions of Fight Club, trying to beat yourself up :D
 
In other words it's just generating the appropriate amount of noise to be expected. o, and yes nothing really happens which is no big suprize :D
 
I hope they don't expect us to wait until April 2007, before they actually do something.

It'll be toooo late by then!
 
Surely exactly what the agreement says should all be a matter of public record :confused: After all the agreements were signed before the privatization and government would have had to approve anything.
 
Hehe, it seems that in the cryptic world of our DoC and Telskommel, nothing is as it should be.
 
Telkom have that agreement buried in a vault - though knowing telkom they probably lost it - whichever. See this thread: http://mybroadband.co.za/vb/showthread.php?t=38230&highlight=sat3 for the true agreement - and how telkom is going against the agreement and accepted business practises:

2. The investors in the cable need to take the view that the existence of the lowest possible commercial international fibre prices will allow them to make their money from their core businesses – fixed or mobile telephony and national infrastructure – or from other businesses building services and applications that make use of their networks. In other words, the cable exists to help everyone make profits at a country level, not to be highly profitable in itself.
 
secret clause # 17.3.2

The parties hereto hereby agree that the alleviation of consumer wealth and well-being is an unqualified social good to which the parties absolutely subscribe. The parties shall be bound to actively obtain the agreement and collusion of their respective governments in order to single-mindedly advance the objects of this clause 17.3.2.

[drafter's note: at this stage brother sizwe took the secret blood oath and muttered the sacred oath of the Hallowed Circle of Telecomms Monopolies & Related Industries - "vincit via consumeres a tergo oppugnat"*]

* loose translation: "victory by attacking the consumer scum from the rear"
 
Can imagine - these docs buried in a file somewhere - long lost and forgotten. Or - their strongest 'intellectual property' and closely guarded - they know exactly where the docs are - telkom can stall forever - they're making money by the second - rest of the world can just go f#ck itself. :D :mad:
 
It should be a matter of show us the contract or lose the cable.
 
noxibox said:
It should be a matter of show us the contract or lose the cable.
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Exactly, whose should be the ones in charge? :confused:
 
telkom's name is on the contract - as our national provider at that time. Government can't just seize the cable - telkom is a listed company. Government can declare the cable a national asset - which should have been part of the sale of telkom. But didn't - nobody thought of it?! Telkom hold all the cards. Telkom are a state of their own. Government is wary of interfering? We have DoC and icasa - but we sit. Ivy is off at a conference (eating lots of cake!)

... Zzzz.

Or that's the way I see the story anyway. :mad:
 
kilo39 said:
telkom's name is on the contract - as our national provider at that time. Government can't just seize the cable - telkom is a listed company. Government can declare the cable a national asset - which should have been part of the sale of telkom. But didn't - nobody thought of it?! Telkom hold all the cards. Telkom are a state of their own. Government is wary of interfering? We have DoC and icasa - but we sit. Ivy is off at a conference (eating lots of cake!)

... Zzzz.

Or that's the way I see the story anyway. :mad:
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But the government has to know word for word the contents of that contract or they would never have authorized the expenditure. So why dont we just demand it from them or doesnt SA have any sort of freedom of information legislation. (BTW - does SA have that sort of legislation?)
 
I wonder if there is a good reason why they wouldn't want the gov to see it.
 
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