95% by 2011.
They will drop the prices by 95%
Hmm, I take it they also promised to build 2,000,000 houses etc. etc. etc.
I will believe it if and when I see it...
Assuming that Infraco is run as an efficient, world class organisation, with absolutely no delays for inefficiency of any kind, it might be possible to commission the SA to Brazil cable segment, that is being talked about, by November or December 2010. Then, the govt is saying that they want to drop Infraco's prices to 5% of Telkom's current level by 2011?
While a cable from SA to Brazil would be nice, the main routes required are from SA to Europe and the USA.
Unfortunately, it looks, currently, like Seacom is the only cable system which has any hope of being commissioned before the 2010 World Cup. What makes things more problematic is that there is talk that there are problems with some repeaters on SAT3, which means that SAT3 may not be able to reach its design capacity - it would be interesting to see whether the SAT3 consortium will confirm or deny this.
With respect to the time required to land a cable, it is important to consider the fact that all the cable laying companies (like Tyco and Alcatel) are currently operating at full capacity. Anybody who wants a new cable system at the moment has to get into a queue. Fortunately for Seacom, they have already secured a contract with Tyco to lay their cable. There has been no indication provided that either Nepad or Infraco have taken any steps to secure a supply contract for a cable.
Sign up with Google
