Ramaphosa set to take big stake in Seacom undersea cable venture

[rpm]

http://mybroadband.co.za/news/Telecoms/1278.html

 

[ShaunSA]

Hands up anyone who is surprised

 

[rpm]

What is of concern is that Ramaphosa is the Chairman of MTN, which begs the question whether there may be another, even bigger, monopoly in the making if MTN buys Telkom. Ramaphosa will then control both SAT3 and SEACOM...not good. So while Neotel may land the cable based on open access principles, the actual cable bandwidth pricing may be a different story altogether…

 

[Sneeky]

You can bet that Cyril and his mates will demand a very healthy and protected ROI.

 

[dominic]

piffle - how about Squirrel becomes el presidente creating another even bigger (govt) monopoly.......

cannot at this stage see the MTN telkom thing happening although i can confirm that a bid was definitely made & that will definitely be opposed by Neotel & voda

 

[Juice]

Ah, so here's a conspiracy theory. The new restrictions laid down by the Department of Cockups are all just a ploy to protect Cyril's enterprise. Nice to have friends in high places, eh?

 

[krycor]

heh now it makes sense but does sat-3 qualify under the new restrictions. I'd lmao if come november they have to stop using sat-3 cause it don't qualify

 

[Sneeky]

Was Cyril Ramaphosa's Shanduka Group waiting in the wings to invest in EASSY who no longer want to play ball with SA guv under their rules?

 

[Highflyer_GP]

Black Elite Enrichment for the win!

/sarcasm

 

[Ricard]

And is Cyril gonna run for President ?

 

[milomak]

oh ffs