Ivy loses yet again

The way I see it, Altech is fighting to get hold of the licence. Even if they dont build their own network immediately or even at all, they will be allowed to under their licence. This will give them far greater leverage when trying to get bulk discounts etc as they can turn around to telkom and say well then sod you we gonna build our own if you dont drop prices.

Also it makes altech a VERY nice option for any overseas telco wanting to get into the country as they can buy em and have immediate access to a licence.

on a side note. I wonder if there is going to be a loss of income suit coming from this. The judge reckons vans were allowed to self provision for the last 2 odd years, vans sue icasa and ivy for the income they have lost due to the "grey" area of the ministers announcements. I mean whats to stop altech going to court and saying "we woulda built our network 2 years ago when the rand was strong against the dollar if it wasnt for her" could be interesting. get the DoC to pay for theiur network or at least part of it
 
The day that Ivy or goverment sells their telkom shares is the day we can start getting excited. . . Until then. . . .
 
I personally think someone is buying her not to have this approved.

Think about it, what does she have to win or lose from this if Altec get's the go ahead... nothing. And she is really trying her best not to make it happen. I think there is some corruption involved here tbh ;)
 
Pitbull said:
I personally think someone is buying her not to have this approved.

Think about it, what does she have to win or lose from this if Altec get's the go ahead... nothing. And she is really trying her best not to make it happen. I think there is some corruption involved here tbh ;)
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Ja, same thinking here. She was content to let things slide before the court case, now all of a sudden she's active and running all over the place.
 
Pitbull and Libs: The answer is simple. She's protecting Telkom and with good reason. Have a look at how much Telkom's stake in Vodacom is worth and what the worth of Telkom is without Vodacom. Telkom's worth about -R10 billion. I reckon government is desperately trying to keep Telkom afloat so they can get their shares out before it collapses. The fatcat execs are obviously putting pressure on government to make sure this happens but it seems like justice might finally be served.

I give Telkom another 2-5 years max. Of course, that all depends on whether this judgement is upheld and if Telkom sells it's entire Vodacom portfolio. Once that happens, goodbye Telkom.
 
The Ivy bashing continues . . . They should just create an anti-Ivy website dedicated for this . . . LOL!
 
PythonFSi said:
The Ivy bashing continues . . . They should just create an anti-Ivy website dedicated for this . . . LOL!
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"Ivy-bashing" implies that the negative comments about her are not deserved and not provoked. If you know anything at all about this minister's antics over the years, you will understand that this is not the case.
 
Nocturnity said:
Pitbull and Libs: The answer is simple. She's protecting Telkom and with good reason. Have a look at how much Telkom's stake in Vodacom is worth and what the worth of Telkom is without Vodacom. Telkom's worth about -R10 billion. I reckon government is desperately trying to keep Telkom afloat so they can get their shares out before it collapses. The fatcat execs are obviously putting pressure on government to make sure this happens but it seems like justice might finally be served.

I give Telkom another 2-5 years max. Of course, that all depends on whether this judgement is upheld and if Telkom sells it's entire Vodacom portfolio. Once that happens, goodbye Telkom.
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That makes sense.

Poor fatcats.... NOT!

I give Telkom less than a year.
 
It was therefore dismissed with costs.
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Keep wasting the taxpayers money please Ivy... Instead you should have been spending that very same money delivering services and helping reduce the cost of broadband for all.... Get the h*ll out of office!
 
They already tried the high court. The high court found that the minister was trying to overstep her powers. Ivy appealed- the high court again rejected her application for leave to appeal. This is now the third rejection from the high court of Ivy's attempts to un-say what she said in september 2004.
 
southbusiness said:
It's difficult to mark out the S African digital communications field against a global template as in other markets the public sector doesn't have that much leverage. Still though, when incumbents like "Altech AutoCRAP" cry the consumer wins blee blee blah blah - they're lying through their cracks.

The bottom line is doesn't have the cash to foot the legal bill nor deploy the network against a frequency and Ivy has the benefit of swaying the law to her whim and fancy and government is backing her. Watch and learn people (didn't intend to sound patronizing).

Bottom line - this WILL drag on for another 8 months!
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English is not your strong suit, eh?
 
Pitbull said:
I personally think someone is buying her not to have this approved.

Think about it, what does she have to win or lose from this if Altec get's the go ahead... nothing. And she is really trying her best not to make it happen. I think there is some corruption involved here tbh ;)
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The government is sitting in a bit of a bind in this regard.

On the one hand, they licensed Telkom, MTN, Vodacom, Cell C and Neotel (at immense cost) to be allowed to self provide telecoms. For the cellular companies they put in provisions that prevented them from self providing along fixed lines, so they were still forced to use Telkom to provide backhaul infrastructure.

Now, the conversion of the VANS licenses to a license that allows them to self provide effectively removes the government intervention from the process. Government has always in its license regulations enforced provisions that gives it a significant stake in these companies (remember, these big telecoms companies like Telkom and Neotel required laws to be passed to allow them to be formed, and government used this process to acquire a stake in these companies by issuing directives in these particular laws). Another aspect is the license fees charged: government through its proxy ICASA charged millions of rand for Telkom and Neotel to get the licenses. So, basically, Altech are getting a license for which they are paying multitudes less (it's simply a VANS license being converted).

Therefore, government is sitting with their finger in the proverbial:

  1. They can't force a directive in a law (enforced as an Act) that automatically gives them a stake in Altech
  2. Neotel recently forked out several million rand for a license that Altech are getting by virtue of being a VANS - so Neotel - rightfully so - will likely be somewhat bitter with the government
  3. The DoC have previously stated that government intervention is required to lower telecoms costs - obviously, as long as they stifled competition they didn't need to disprove such ludicrous claims. Enter competition, and suddenly COSATU and all the other pro state organisations will realise this was all rubbish
  4. And lastly, without a significant stake in the telecoms provisioning company, the government cannot enforce its own tight control in the sector. Remember, the sector includes broadcasting (SABC), so it may possibly feel threatened by telecoms liberisation as its own mouthpiece will not necessarily remain the definitive information source for the masses in a liberalised sector.

So, in essence, the government has a lot to lose.
 
Keep wasting the taxpayers money please Ivy... Instead you should have been spending that very same money delivering services and helping reduce the cost of broadband for all.... Get the h*ll out of office!
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Oh but she is... how many projects of her's has actually seen a state owned communications ANYTHING run successfully? Sentech? bwahahahahaahaha

now she's blaming Trevor Manual that the 50% of 500mill she received for connecting 250 schools isn't enough (so far NOTHING has been connected). Surely even receiving half the money should mean 125 schools be connected by now.
 
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