Upon 1st reading of these comments on what the policy may entail, I got the impression that it could be in contravention of our international trade agreements. I mean, if one of the partners in an undersea cable is taken over by another company, it could affect the South African/African equity ownership. Anyone of the partners in SEACOM & EASSy may for whatever reason decide to sell their share (e.g. to make a quick buck or they may be in financial liquidity problems and need the money). Many of our international trade agreements actually dictates how our govt must act in international business sales & they could thus not summarily revoke the licence. New SA mining legislation of a similar nature is now being challenged by an Italian company at some or other international court of arbitration. As such, I dont see this policy being implemented before the end of 2008, possibly only middle 2009. And legislation/policy cannot be retroactive.