Indeed. What race? We would have seen a race if ICASA just regulated the industry, and not smothered it to death. We would have seen a race if anybody could roll out his network, be it data or telephony, without the need to have government investment.
Telkom may be the only competitor in this race, but thanks to their "screw the customer" policy they're going to end up finishing second. Couldnt happen to a better company IMHO