If Mbeki truly wanted competition to Telkom, he would have the law changed to remove the state imposed monopoly. Mbeki is in the situation that businesses are bypassing South Africa to invest in countries that are not run Banana Republic style. In other words, Mbeki is losing out on future revenue to pad his Swiss accounts. Big Business in South Africa already have a foot out the door, just in case. So where will Mbeki get his cash flows? Who knows. But his idea of redress is to state that the situation in South Africa is changing in the hope that some fish will bite. His problem is that his government practices statist policies and is reluctant to give up their control. The situation in South Africa will never improve so long as maximising power is the core of government policy.