Moneyweb interview with Lyndall Shope-Mafole

[ShaunSA]

http://www.moneyweb.co.za/mw/view/mw/en/page55?oid=166646&sn=Detail

 

[The_Unbeliever]

ruined my day

 

[Alchemist]

 

[semiautomatix]

errr... I'd call her an r'tard - but that would be an insult to the mentally challenged people of this country.

 

[Juice]

Oh, THIS was priceless:

Yes, we will be allowing people to compete, but based on a common highway. You see, what we will be having with the undersea cable, it's like having, as I indicated, it's like when you put the highway, and then you are saying, OK, whether you are a taxi or a bus or an individual, [indistinct] use the highway you'll be able to do this. But we have to make sure that there is that common highway. And the reason why it's important to work together on that common highway is that it's very, very expensive just for one company to do it alone, and this is why you have a situation, for example what we have now, where you have subsidy, and in South Africa it was only Telkom that invested in it, it becomes expensive. If you ask how many companies would be able to put up the amount of money that's required for this, you'd have maybe three companies in South Africa, and probably on the whole African continent you might add one or two others. So what that would do for the African continent is that the connectivity continues to be very expensive, because very few people would have invested in it and justifiably for them they'd be wanting to recoup their money. So now what you are doing is everybody invests a little bit and everybody benefits from that collective investment, and the different companies are then able to compete using that same infrastructure that everyone else has kind of contributed to.

I was having a wee bit of a WTF moment here, and then, this:

It's makes a lot of sense. When is it going to be available to citizens on the continent?

BWAHAHAHAHA!!! It does?? It makes SENSE?? ROFL!!!

 

[semiautomatix]

Oh, THIS was priceless:

I was having a wee bit of a WTF moment here, and then, this:

BWAHAHAHAHA!!! It does?? It makes SENSE?? ROFL!!!

Yeah, think she is a bit too stupid to realise she is being patronised.

 

[Juice]

I don't think Lyndall actually understands anything about financing. Uhm... Let's see. So if R14Billion is required, and only one person invests in the network, then it will be more expensive to use than 10, or a 100 people investing, and if you let 100 people invest, that would bring about competition! Er. No. WTF. It still costs R14b. Whether 1 person or 100 people try to recover their investment, it still COSTS R14b!! It's got nothing to do with competition at all... There IS no competition. All those people won't be competing amongst themselves much because they all have slices from the same pie.

However, if you had a second, or a third cable, THEN you can have some competition! But NOOOOOOOOOOO!!!! The Government wants to protect its investment in its own pet cable, so no other cables will be allowed to land here to compete with it!! AAARGH!!

 

[ToxicBunny]

Thats beyond a WTF moment there...

Thats just a plain and simple baffle em with BS moment.....

 

[Conspirator]

ruined my day

Thats just a plain and simple baffle em with BS moment.....

I'm so not reading that thing.

 

[ldmelsa]

I didn't read this article.

 

[bekdik]

This article makes it blatantly clear as to why we have a screwed telecoms infrastructure.