[Kictanet] Day 6 of 10: Best Business & Regulatory Modelforprovisioning OFC(EASsy, TEAMs, etc)

[Michael Joseph]

I think it is necessary to discuss how this will all be funded.
Submarine cables systems are expensive to install and maintain, and I
have yet to see or hear of any firm proposals of how this will all be
funded.  I have heard talk of SPV's with Government putting up the
initial capital, IPO's etc. but nothing in writing.  As one of the
potential main users of an international submarine cable and probably
one that might be asked to participate in the funding, it would be
useful to start this dialog quite early.

 

Regards,

 

Michael

 

CEO

Safaricom Limited

 

________________________________

From: kictanet-bounces+mjoseph=safaricom.co.ke at kictanet.or.ke
[mailto:kictanet-bounces+mjoseph=safaricom.co.ke at kictanet.or.ke] On
Behalf Of Bill Kagai
Sent: Monday, January 29, 2007 10:02 PM
To: Michael Joseph
Subject: Re: [Kictanet] Day 6 of 10: Best Business & Regulatory
Modelforprovisioning OFC(EASsy, TEAMs, etc)

 

 

I agree with both [Ndemo and Kai] Esq.. albeit in part.

 

Open Access can be re-defined at a new (higher) level if both Govt
(TEAMS) and Private (FLAG) float shares to the public in these ventures
before the projects commence. We (Mwananchi) thus becomes consumers in
ownership earning dividend...and everybody goes home happy. 

 

Maybe our primary recommendation should be that a venture which entails
public consumables like this cable should first be floated to the public
so that we ALL gain.

 

Bill

On 1/29/07, bitange at jambo.co.ke <bitange at jambo.co.ke> wrote:

	Dear All,
	It is appropriate to thank Walubengo for the excellent job he is
doing in
	moderating this discussion.  I am suprised that some of you are
making 
	outrageous statements like "TEAMs is to go to a monopoly".  This
is not
	true because I am sure that the TEAMs design has not been made
public.
	Secondly, it in the Government interest that these projects
benefit 
	mwananchi.
	
	The Government would continue to encourage competition to ensure
the costs
	are at the lowest.  The only reason one would feel hurt about
competitor
	progress is when that person wants the monopoly status. 
	
	Regards
	
	
	Ndemo
	
	
	
	


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