State octopus strikes again

[rpm]

http://mybroadband.co.za/news/Telecoms/1096.html

 

[ShaunSA]

"Lyndall's interference in cables has been a disaster," Smuts says.

Not for Lyndall it hasn't. Im betting she will extract her pound of flesh from every cable that lands here.

 

[bekdik]

Yay. great idea!

This would NEVER be abused.

would it?

Trust me. I'm a politian.

[sings]
Bye-bye investment pie, the foreigners will find better pastures their money to ply ...
[/sings]

 

[geoffr]

Majority ownership

Now, picture the situation if Seacom or EASSY were faced by demands from all landing countries that they should have a majority equity stake in the cable?

 

[bekdik]

Now, picture the situation if Seacom or EASSY were faced by demands from all landing countries that they should have a majority equity stake in the cable?

You mean it's not possible for 100 entities each to each have 51%?

 

[ic]

Anyone that was wondering if Infraco might actually be good for SA, should now be able to see that in the hands of guavamint, Infraco is being used by the Grim Poisonous Ivyness Creep and bandwidth-Nazi-Shope-Mafole to create yet another monopoly...

 

[ShaunSA]

Anyone that was wondering if Infraco might actually be good for SA, should now be able to see that in the hands of guavamint, Infraco is being used by the Grim Poisonous Ivyness Creep and bandwidth-Nazi-Shope-Mafole to create yet another monopoly...

And no prizes for guessing who will have major shares in it once it eventually goes public!

 

[stoke]

Monopolies For Africa!

 

[bekdik]

Anyone that was wondering if Infraco might actually be good for SA, should now be able to see that in the hands of guavamint, Infraco is being used by the Grim Poisonous Ivyness Creep and bandwidth-Nazi-Shope-Mafole to create yet another monopoly...

Not PI, Big Ears!

 

[Leitmotif]

Monopolies For Africa!

That is the saddest truth I've read in a long time.

 

[ic]

Not PI, Big Ears!

I get the distinct impression that Poison Ivy & Shope-Mafole are dictating what happens with Infraco and how Infraco will be run - before long Alec will wake up to find that his entire ministry has been monopolised by some Ivy-monster that looks like a gigantic stale doughnut.

 

[Sneeky]

They are changing the rules to suite themselves as they go along
They do not know what they will do tomorrow, or next year for that matter. There is no structure, strategy or even direction. Bunch of buffoons trying to do a job that they clearly are not capable of doing.
Just bumbling along from one blunder to the next. Erwin/Infraco are powerless. What was going to be real competition has now again morphed into a state controlled get rich quick BEE (more than likely) venture.
So as the public we can all expect more of the same type of agreements that were made with SBC/Thintana way back when and mediocre reductions for the public.

Lyndall is the Ebola virus of SA telecoms, the next Jay Naidoo.

 

[bekdik]

I wonder how long Tata will remain in Neotel ...

 

[pkid]

So you can't lay foreign owned cables into America because of security concerns. In South Africa I don't really think that we have the same concerns. They should make her start paying her own Internet and cellphone bills and before long we will have 20 cable systems connecting us to the rest of the world.

I don't see what the problem with private cables is? If the state lays its own cables and makes them cheaper than the privately owned ones everyone will just use the state ones. So that would force the privately owned cables operators to drop their prices. I don't think that government understand the free market.

I was looking at ADSL ISP packages that you can get from ISPs and I was amazed at how cheap they are and the innovation that has happened. From prepaid to pay as you use. If government was more open to licensing other cable systems imagine the price reductions and innovation that could happen?

 

[stoke]

What part of "look like me" don't you people understand?
Just make sure that the people that you know that do look like her get their piece of the pie.

 

[XCentricdave]

And a decision about making a decision will be made in September...

Several months of legal battles later a seemingly random decision will be taken.

Gravy will have flowed. Time will have passed.

Later, more battles, more lawyers fees, more gravy - no actual work or fibres obviously.

No fibre, no business, no increase in wealth. Just a few more gravy hogs guzzling at the gradually emptying trough.

Eventually there will be no more gravy to share out.

Bleak, very bleak.

 

[ToxicBunny]

There is a hint I got from the article.

They'll just sell the "bit" of the cable thats in SA waters to Neotel or someone else, and then the bit that the DoC have jurisdiction over is wholly owned by SA companies. Which it seems like Seacomm have already done.

 

[Sneeky]

What part of "look like me" don't you people understand?

How could we forget. :sad:

 

[dan101]

They are changing the rules to suite themselves as they go along
They do not know what they will do tomorrow, or next year for that matter. There is no structure, strategy or even direction. Bunch of buffoons trying to do a job that they clearly are not capable of doing.
Just bumbling along from one blunder to the next. Erwin/Infraco are powerless. What was going to be real competition has now again morphed into a state controlled get rich quick BEE (more than likely) venture.
So as the public we can all expect more of the same type of agreements that were made with SBC/Thintana way back when and mediocre reductions for the public.

Lyndall is the Ebola virus of SA telecoms, the next Jay Naidoo.

well said...well said

 

[BobbyMac]

This is all nothing more than sour grapes and an attempt to thwart EASSY. This is simply because T-Bone's little pet project didn't get its way with EASSY, now they're trying to force the failure of it.