Seacom needs local ownership

[ShaunSA]

http://www.itweb.co.za/sections/telecoms/2007/0708211045.asp?S=Broadband&A=BRO&O=FPTOP

 

[AdLo]

What she is trying to say is Seacom needs a BEE partner to get landing rights.

 

[semiautomatix]

And that makes Neotel a foreign company? I'm pretty sure I pass their head office on the N1 every morning. Or is it another Ivy conspiracy?

 

[ShaunSA]

What she is trying to say is Seacom needs a BEE partner to get landing rights.

Yep. I'm betting she wants a piece of the pie

 

[semiautomatix]

Furthermore, if goverment doesn't have their little fat fingers directly in the pie it is illegal.

TIA!

 

[bwana]

Undersea cables landing in SA must have an element of local ownership for security purposes and to stimulate the country's development, says Department of Communications director-general Lyndall Shope-Mafole.

Why? Is this going to be the only way to ensure you get your kickbacks? Seems like someone doesnt like the notion of freely flowing information . . .

 

[AdLo]

Why don't we ever hear anything from MKHonto We Sizwe Military who is a shareholder of Neotel through CommuniTel?
As it stands now a couple of AK47 rounds fired at the DoC offices looks like it is the only thing than can bring cheap international standard undersea cable prices.

 

[ToxicBunny]

Ahhh, right.. so it is all about kick-backs like we thought.

Neotel must tell the DoC to sit and rotate as far as i'm concerned.

"global cable monopoly and we cannot allow this to perpetuate at home" She has to be smoking something... global cable monopoly? Is there such a thing?

 

[Sneeky]

She adds that Seacom is directly linked into “a global cable monopoly and we cannot allow this to perpetuate at home”.

This woman is a fool and this is all a bunch of lies.
How would you describe the still protected monopoly of TELKOM and SAT-3 today, and how is 80% reduction bad for South African citizens?

I can see it only being bad for those that have a direct investment in TELKOM themselves and therein lies the real truth.

 

[Tanarri]

"global cable monopoly"

BAH! What a myth. There's no such thing.

 

[Roman4604]

"global cable monopoly"

BAH! What a myth. There's no such thing.

Ya, amazing how someone from another dimension could be allowed to govern in this one.

 

[cybershark]

She adds that Seacom is directly linked into “a global cable monopoly and we cannot allow this to perpetuate at home”.

We have a monopoly you created, who rip us off more the Seacom via Neotel ever would.

this should not be done at the expense of SA's own economic development,

You've done a fine job of this without any international help

We also don't want our connectivity to be under the control of a 100% foreign-owned company that does not allow our own African companies to participate.”

So if a foreign competitor charged less than a local one you would make them increase their prices?

Never Ever Planning About Doing

 

[telkomsuig]

Typical African mentality rather destroy wealth for the whole country ensure the ruling elite get their cut. Best of all this is probably the only cable which would have been built in the short term the others are just talk shops still.

 

[bekdik]

Is this the same government that expects foreign investment? One day these people will realise that when your total market is less than 1% of the total market, your demands will be be acceded to by non investment

 

[Ekhaatvensters]

I'm unhappy.

Really, now we have to wait how long for a half-assed attempt by Nepad which will probably not do as much for lowering prices? I'm not sure why I think that, but it's what I can see happening.