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Telkom says it is concerned about the number of proposed cable systems along Africa's east coast. "The deployment of two or more cables within the same region will affect the commercial viability of all of them," it says.
Telscum says it is concerned about actual competition in the cable systems along Africa's east coast. "The deployment of two or more cables within the same reason will affect price then nobody in their right mind will pay our INSANE prices and thus affect the commercial viability of OUR ONE," it says.
wow, sounds promising.* One of the newest is South East Africa Telecoms (Seat). Details are still sketchy but one source tells the FM that Seat enjoys the financial backing of giant US private equity firm Blackstone. A Blackstone spokesman denies that the group is involved, though.
The FM has established that representatives of Seat have been in talks with local operators. SA businessman John Mathwasa is understood to be involved with Seat, but did not provide details when contacted.