We must realise the SAT3 cable was developed in the era of telekoms liberalisation, i.e. no govt intervention. This has resulted in it being a privately owned commodity now (even if paid for by SA taxpayers and given for peanuts to Telkom). SA cannot "nationalise" it by declaring it a national asset. We will damage our international corporate image and make any future potential investor think twice before investing. I would imagine that after careful reading of the fineprint in all the various contracts / agreemnts the SA govt realised this too. But given the legal constraints to opening up international bandwith and the lack of capacity and slow pace of reform at the DoC and ICASA, the economic cluster decided to develop their own cable that is a national asset. This could even have been prompted by the example of the Kenyan govt pulling out of the EASSy project and developing their own.
Even if only this announcement forces Telkom's hand in dropping their prices of the SAT3 cable, we must rejoice. However, neither the battle nor the war is won. We must fight on
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Even if only this announcement forces Telkom's hand in dropping their prices of the SAT3 cable, we must rejoice. However, neither the battle nor the war is won. We must fight on