<html><head><style type="text/css"><!-- DIV {margin:0px;} --></style></head><body><div style="font-family:arial,helvetica,sans-serif;font-size:12pt"><div>Thanks but Tom, so is what I sent factually correct?<br><br>Nyaki<br></div><div style="font-family: arial,helvetica,sans-serif; font-size: 12pt;"><br><div style="font-family: times new roman,new york,times,serif; font-size: 12pt;"><font size="2" face="Tahoma"><hr size="1"><b><span style="font-weight: bold;">From:</span></b> "Maliti, Tom" <tmaliti@ap.org><br><b><span style="font-weight: bold;">To:</span></b> elizaslider@yahoo.com<br><b><span style="font-weight: bold;">Cc:</span></b> kictanet@lists.kictanet.or.ke<br><b><span style="font-weight: bold;">Sent:</span></b> Tuesday, August 4, 2009 2:18:04 PM<br><b><span style="font-weight: bold;">Subject:</span></b> Re: [kictanet] Seacom goes live- wait for TEAMS<br></font><br>
<div dir="ltr" align="left"><span class="349551411-04082009"><font face="Palatino Linotype">Hi,</font></span></div>
<div dir="ltr" align="left"><span class="349551411-04082009"><font face="Palatino Linotype"></font></span> </div>
<div dir="ltr" align="left"><span class="349551411-04082009"><font face="Palatino Linotype">For more sources on shareholding below are the links to
the Seacom and Eassy web sites where there is a breakdown of who owns what.
Teams are yet to develop their web site.</font></span></div>
<div dir="ltr" align="left"><span class="349551411-04082009"><font face="Palatino Linotype"></font></span> </div>
<div dir="ltr" align="left"><span class="349551411-04082009"><font face="Palatino Linotype">Eassy:</font></span></div>
<div dir="ltr" align="left"><span class="349551411-04082009"><font face="Palatino Linotype"><span><a target="_blank" href="http://www.eassy.org/">http://www.eassy.org/</a></span></font></span></div>
<div dir="ltr" align="left"><span class="349551411-04082009"><font face="Palatino Linotype"></font></span> </div>
<div dir="ltr" align="left"><span class="349551411-04082009"><font face="Palatino Linotype"><span><a target="_blank" href="http://www.wiocc.net/">http://www.wiocc.net/</a></span></font></span></div>
<div><font face="Palatino Linotype"></font> </div>
<div><font face="Palatino Linotype"></font> </div>
<div><span class="349551411-04082009"><font face="Palatino Linotype">Seacom:</font></span></div>
<div><span class="349551411-04082009"><font face="Palatino Linotype"><span><a target="_blank" href="http://www.seacom.mu">http://www.seacom.mu</a></span></font></span></div>
<div><span class="349551411-04082009"><font face="Palatino Linotype"></font></span> </div>
<div><span class="349551411-04082009"><font face="Palatino Linotype">Have a good
day,</font></span></div>
<p><font size="2">Tom Maliti<br>Correspondent<br>East Africa Bureau<br><br>Direct
line: +254 20 285 9109<br>Office line: +254 20 285
9000<br>
+254 734 555 252<br>Fax: +254 20 2724726<br>Mobile +254 733 641 984</font> </p>
<div> </div><br>
<div class="OutlookMessageHeader" dir="ltr" align="left" lang="en-us">
<hr tabindex="-1">
<font size="2" face="Tahoma"><b>From:</b>
kictanet-bounces+tmaliti=ap.org@lists.kictanet.or.ke
[mailto:kictanet-bounces+tmaliti=ap.org@lists.kictanet.or.ke] <b>On Behalf Of
</b>Sam Gatere<br><b>Sent:</b> 03 August 2009 21:18<br><b>To:</b> Maliti,
Tom<br><b>Cc:</b> kictanet@lists.kictanet.or.ke<br><b>Subject:</b> Re:
[kictanet] Seacom goes live- wait for TEAMS<br></font><br></div>
<div></div>Walu,<br><br><span>The Ownership table below looks fairly accurate in
comparison to data available online on Wikipedia (Follow url :: <a target="_blank" href="http://en.wikipedia.org/wiki/TEAMS_%28cable_system">http://en.wikipedia.org/wiki/TEAMS_(cable_system</a>)
however Wikipedia may not be an authority in terms of source of the
information.</span><br><br><br>S.<br><br><br>
<div class="gmail_quote">On Sun, Aug 2, 2009 at 5:48 PM, Catherine Adeya <span dir="ltr"><<a rel="nofollow" ymailto="mailto:elizaslider@yahoo.com" target="_blank" href="mailto:elizaslider@yahoo.com">elizaslider@yahoo.com</a>></span>
wrote:<br>
<blockquote class="gmail_quote" style="border-left: 1px solid rgb(204, 204, 204); margin: 0pt 0pt 0pt 0.8ex; padding-left: 1ex;">
<div>
<div style="font-size: 12pt; font-family: arial,helvetica,sans-serif;">
<div>I agree that this information is publicly available and I can share what
I found based on some research I am currently involved in. If I am wrong,
kindly update as it will also help with our research. As you can see I have
already deleted a few from TEAMS. Thanks Nyaki:<br><br>
<p><span style="font-family: 'Georgia','serif';" lang="EN-GB">TEAMS
Shareholders</span></p>
<table style="border: medium none ; border-collapse: collapse;" border="1" cellpadding="0" cellspacing="0">
<tbody>
<tr style="height: 22pt;">
<td style="border: 1pt solid black; padding: 0in 5.4pt; width: 144.9pt; height: 22pt;" valign="top" width="193">
<p><span style="font-family: 'Georgia','serif';">Kenya government
(20%)</span></p></td>
<td style="border-style: solid solid solid none; border-color: black black black -moz-use-text-color; border-width: 1pt 1pt 1pt medium; padding: 0in 5.4pt; width: 157.5pt; height: 22pt;" valign="top" width="210">
<p><span style="font-family: 'Georgia','serif';">France Telecom
(10%)</span></p></td>
<td style="border-style: solid solid solid none; border-color: black black black -moz-use-text-color; border-width: 1pt 1pt 1pt medium; padding: 0in 5.4pt; width: 148.5pt; height: 22pt;" valign="top" width="198">
<p><span style="color: black; font-family: 'Georgia','serif';" lang="EN">Access Kenya (1.25
</span><span style="font-family: 'Georgia','serif';">%</span><span style="color: black; font-family: 'Georgia','serif';" lang="EN">)</span></p></td></tr>
<tr>
<td style="border-style: none solid solid; border-color: -moz-use-text-color; border-width: medium 1pt 1pt; padding: 0in 5.4pt; width: 144.9pt;" valign="top" width="193">
<p><span style="font-family: 'Georgia','serif';">Safaricom
(22.5%)</span></p></td>
<td style="border-style: none solid solid none; border-color: -moz-use-text-color; border-width: medium 1pt 1pt medium; padding: 0in 5.4pt; width: 157.5pt;" valign="top" width="210">
<p><span style="font-family: 'Georgia','serif';">Kenya Data Networks
(10%)</span></p></td>
<td style="border-style: none solid solid none; border-color: -moz-use-text-color; border-width: medium 1pt 1pt medium; padding: 0in 5.4pt; width: 148.5pt;" valign="top" width="198">
<p><span><span style="color: black; font-family: 'Georgia','serif';"><span><del>Inhand Equip Ltd (1.25
</del></span></span></span><span style="font-family: 'Georgia','serif';"><span><del>%)</del></span></span><span style="color: black; font-family: 'Georgia','serif';"></span></p></td></tr>
<tr style="height: 25.15pt;">
<td style="border-style: none solid solid; border-color: -moz-use-text-color; border-width: medium 1pt 1pt; padding: 0in 5.4pt; width: 144.9pt; height: 25.15pt;" valign="top" width="193">
<p><span style="font-family: 'Georgia','serif';">Econet Wireless Kenya
ltd (10%)</span></p></td>
<td style="border-style: none solid solid none; border-color: -moz-use-text-color; border-width: medium 1pt 1pt medium; padding: 0in 5.4pt; width: 157.5pt; height: 25.15pt;" valign="top" width="210">
<p><span style="font-family: 'Georgia','serif';">Wananchi Telecom
(5%)</span></p>
<p><span style="font-family: 'Georgia','serif';"></span> </p></td>
<td style="border-style: none solid solid none; border-color: -moz-use-text-color; border-width: medium 1pt 1pt medium; padding: 0in 5.4pt; width: 148.5pt; height: 25.15pt;" valign="top" width="198">
<p><span><span style="color: black; font-family: 'Georgia','serif';"><span><del>Flashcom (1.25
</del></span></span></span><span style="font-family: 'Georgia','serif';"><span><del>%)</del></span></span><span style="color: black; font-family: 'Georgia','serif';"></span></p></td></tr>
<tr style="height: 22.9pt;">
<td style="border-style: none solid solid; border-color: -moz-use-text-color; border-width: medium 1pt 1pt; padding: 0in 5.4pt; width: 144.9pt; height: 22.9pt;" valign="top" width="193">
<p><span style="font-family: 'Georgia','serif';">Telkom Kenya (22.5
%)</span></p>
<p><span style="font-family: 'Georgia','serif';"></span> </p></td>
<td style="border-style: none solid solid none; border-color: -moz-use-text-color; border-width: medium 1pt 1pt medium; padding: 0in 5.4pt; width: 157.5pt; height: 22.9pt;" valign="top" width="210">
<p><span style="font-family: 'Georgia','serif';">Jamii Telecom
<span>
</span>(3.75%) </span></p>
<p><span style="font-family: 'Georgia','serif';"></span> </p></td>
<td style="border-style: none solid solid none; border-color: -moz-use-text-color; border-width: medium 1pt 1pt medium; padding: 0in 5.4pt; width: 148.5pt; height: 22.9pt;" valign="top" width="198">
<p><span><span style="color: black; font-family: 'Georgia','serif';"><span><del>Fibrent Africa of Uganda. (1.25
</del></span></span></span><span style="font-family: 'Georgia','serif';"><span><del>%)</del></span></span><span style="color: black; font-family: 'Georgia','serif';"></span></p></td></tr></tbody></table>
<p><span style="line-height: 115%;"></span> </p>
<p style="text-align: left;" align="left"><span style="line-height: 115%;"> </span><a rel="nofollow" name="122db96564faf2b6__Toc235936285"><span><span style="font-family: 'Georgia','serif';" lang="EN-GB">Seacom
shareholders</span></span></a><span style="font-family: 'Georgia','serif';" lang="EN-GB"></span></p>
<table style="border: medium none ; margin-left: 6.75pt; margin-right: 6.75pt; border-collapse: collapse;" align="left" border="1" cellpadding="0" cellspacing="0">
<tbody>
<tr style="height: 30.1pt;">
<td style="border: 1pt solid black; padding: 0in 5.4pt; width: 3.7in; height: 30.1pt;" valign="top" width="355">
<p style="line-height: 150%;"><span style="font-family: 'Georgia','serif';">Industrial Promotion Services– an
arm of the Aga Khan Fund for Economic Development (25%)</span></p></td>
<td style="border-style: solid solid solid none; border-color: black black black -moz-use-text-color; border-width: 1pt 1pt 1pt medium; padding: 0in 5.4pt; width: 193.5pt; height: 30.1pt;" valign="top" width="258">
<p style="line-height: 150%;"><span style="font-family: 'Georgia','serif';">Convergence Partners (12.5%)
</span></p>
<p style="line-height: 150%;"><span style="font-family: 'Georgia','serif';"></span> </p></td></tr>
<tr>
<td style="border-style: none solid solid; border-color: -moz-use-text-color; border-width: medium 1pt 1pt; padding: 0in 5.4pt; width: 3.7in;" valign="top" width="355">
<p style="line-height: 150%;"><span style="font-family: 'Georgia','serif';">Venfin Limited (25
%)</span></p></td>
<td style="border-style: none solid solid none; border-color: -moz-use-text-color; border-width: medium 1pt 1pt medium; padding: 0in 5.4pt; width: 193.5pt;" valign="top" width="258">
<p style="line-height: 150%;"><span style="font-family: 'Georgia','serif';">Shanduka Group
(12.5%).</span></p></td></tr>
<tr>
<td style="border-style: none solid solid; border-color: -moz-use-text-color; border-width: medium 1pt 1pt; padding: 0in 5.4pt; width: 3.7in;" valign="top" width="355">
<p style="line-height: 150%;"><span style="color: black; font-family: 'Georgia','serif';">International
Herakles Telecom with (25%)</span></p></td>
<td style="border-style: none solid solid none; border-color: -moz-use-text-color; border-width: medium 1pt 1pt medium; padding: 0in 5.4pt; width: 193.5pt;" valign="top" width="258">
<p style="line-height: 150%;"><span style="font-family: 'Georgia','serif';"></span> </p></td></tr></tbody></table>
<p style="line-height: 150%; text-align: justify;"><span style="font-size: 12pt; color: black; line-height: 150%; font-family: 'Georgia','serif';"></span> </p>
<p><span style="line-height: 115%;"></span> </p><br><br>
<p><a rel="nofollow" name="122db96564faf2b6__Toc236658248"></a><a rel="nofollow" name="122db96564faf2b6__Toc235936286"><span><span style="font-family: 'Georgia','serif';" lang="EN-GB">EASSy
Shareholders</span></span></a><span style="font-family: 'Georgia','serif';" lang="EN-GB"></span></p>
<table style="border: medium none ; margin-left: 6.75pt; margin-right: 6.75pt; border-collapse: collapse;" align="left" border="1" cellpadding="0" cellspacing="0">
<tbody>
<tr>
<td style="border: 1pt solid black; padding: 0in 5.4pt; width: 185.4pt;" valign="top" width="247">
<p style="text-align: justify;"><span style="font-family: 'Georgia','serif';">Sudan: Sudatel </span></p>
<p style="text-align: justify;"><span style="font-family: 'Georgia','serif';"></span> </p></td>
<td style="border-style: solid solid solid none; border-color: black black black -moz-use-text-color; border-width: 1pt 1pt 1pt medium; padding: 0in 5.4pt; width: 3.75in;" valign="top" width="360">
<p style="text-align: justify;"><span style="font-family: 'Georgia','serif';">Tanzania: Tanzania
Telecommunications Company Limited </span></p></td></tr>
<tr>
<td style="border-style: none solid solid; border-color: -moz-use-text-color; border-width: medium 1pt 1pt; padding: 0in 5.4pt; width: 185.4pt;" valign="top" width="247">
<p style="text-align: justify;"><span style="font-family: 'Georgia','serif';">Djibouti: Djibouti Telecom
</span></p></td>
<td style="border-style: none solid solid none; border-color: -moz-use-text-color; border-width: medium 1pt 1pt medium; padding: 0in 5.4pt; width: 3.75in;" valign="top" width="360">
<p style="text-align: justify;"><span style="font-family: 'Georgia','serif';">Madagascar: Telma
</span></p></td></tr>
<tr>
<td style="border-style: none solid solid; border-color: -moz-use-text-color; border-width: medium 1pt 1pt; padding: 0in 5.4pt; width: 185.4pt;" valign="top" width="247">
<p style="text-align: justify;"><span style="font-family: 'Georgia','serif';">Somalia: Dalkom </span></p></td>
<td style="border-style: none solid solid none; border-color: -moz-use-text-color; border-width: medium 1pt 1pt medium; padding: 0in 5.4pt; width: 3.75in;" valign="top" width="360">
<p style="text-align: justify;"><span style="font-family: 'Georgia','serif';">Mozambique: Telecommunication de
Mozambique </span></p></td></tr>
<tr style="height: 14.35pt;">
<td style="border-style: none solid solid; border-color: -moz-use-text-color; border-width: medium 1pt 1pt; padding: 0in 5.4pt; width: 185.4pt; height: 14.35pt;" valign="top" width="247">
<p style="text-align: justify;"><span style="font-family: 'Georgia','serif';">Kenya: Telkom Kenya
</span></p></td>
<td style="border-style: none solid solid none; border-color: -moz-use-text-color; border-width: medium 1pt 1pt medium; padding: 0in 5.4pt; width: 3.75in; height: 14.35pt;" valign="top" width="360">
<p style="text-align: justify;"><span style="font-family: 'Georgia','serif';">Pan-African telecom trade
association: ATU</span></p></td></tr>
<tr>
<td style="border-style: none solid solid; border-color: -moz-use-text-color; border-width: medium 1pt 1pt; padding: 0in 5.4pt; width: 185.4pt;" valign="top" width="247">
<p style="text-align: justify;"><span style="font-family: 'Georgia','serif';">South Africa: Telkom SA, Neotel,
MTN Group </span></p></td>
<td style="border-style: none solid solid none; border-color: -moz-use-text-color; border-width: medium 1pt 1pt medium; padding: 0in 5.4pt; width: 3.75in;" valign="top" width="360">
<p style="text-align: justify;"><span style="font-family: 'Georgia','serif';"></span> </p>
<p style="text-align: justify;"><span style="font-family: 'Georgia','serif';"></span> </p></td></tr></tbody></table><br></div>
<div style="font-size: 12pt; font-family: arial,helvetica,sans-serif;"><br>
<div style="font-size: 12pt; font-family: times new roman,new york,times,serif;"><font size="2" face="Tahoma"><br>
<hr size="1">
<b><span style="font-weight: bold;"><br><br><br><br><br><br><br>From:</span></b> Michael
Joseph <<a rel="nofollow" ymailto="mailto:MJoseph@Safaricom.co.ke" target="_blank" href="mailto:MJoseph@Safaricom.co.ke">MJoseph@Safaricom.co.ke</a>><br><b><span style="font-weight: bold;">To:</span></b> <a rel="nofollow" ymailto="mailto:elizaslider@yahoo.com" target="_blank" href="mailto:elizaslider@yahoo.com">elizaslider@yahoo.com</a>
<div class="im"><br><b><span style="font-weight: bold;">Cc:</span></b> <a rel="nofollow" ymailto="mailto:kictanet@lists.kictanet.or.ke" target="_blank" href="mailto:kictanet@lists.kictanet.or.ke">kictanet@lists.kictanet.or.ke</a><br></div><b><span style="font-weight: bold;">Sent:</span></b> Saturday, August 1, 2009 8:00:48 PM
<div class="im"><br><b><span style="font-weight: bold;">Subject:</span></b> Re:
[kictanet] Seacom goes live- wait for TEAMS<br></div></font><br>
<p><font size="2">
<div class="im">I think the allegations and language used on this list really
discourage real informative comment.<br><br>For information the shareholders
of the Teams cable, who are most of the telecom operators in Kenya, will own
and manage the cable and will sell their capacity both wholesale and retail as
they see fit. The GOK owns 20%.<br><br>The Seacom cable is owned by a separate
set of shareholders and this info is publically available.<br><br>The Eassy
cable will be owned by another group of shareholders including a number of
African telecom operators. This info is also publically available.<br><br>Not
one shareholder will want to price themselves out of the market and, as
another commentator mentioned earlier, the first to market with competitive
prices will gain the most.<br><br>I broke my silence on this subject a few
days ago and I regret it now as mostly the comments have been somewhat
impolite, to put it mildly. I will refrain in
future.<br>Regards<br><br>Michael Joseph<br>CEO<br>Safaricom
Limited<br><br></div>BlackBerry® powered by Safaricom
<div>
<div></div>
<div class="h5"><br><br>----- Original Message -----<br>From:
kictanet-bounces+mjoseph=<a rel="nofollow" target="_blank" href="http://safaricom.co.ke">safaricom.co.ke</a>@<a rel="nofollow" target="_blank" href="http://lists.kictanet.or.ke">lists.kictanet.or.ke</a> <kictanet-bounces+mjoseph=<a rel="nofollow" target="_blank" href="http://safaricom.co.ke">safaricom.co.ke</a>@<a rel="nofollow" target="_blank" href="http://lists.kictanet.or.ke">lists.kictanet.or.ke</a>><br>To: Michael Joseph<br>Cc: <a rel="nofollow" ymailto="mailto:kictanet@lists.kictanet.or.ke" target="_blank" href="mailto:kictanet@lists.kictanet.or.ke">kictanet@lists.kictanet.or.ke</a> <<a rel="nofollow" ymailto="mailto:kictanet@lists.kictanet.or.ke" target="_blank" href="mailto:kictanet@lists.kictanet.or.ke">kictanet@lists.kictanet.or.ke</a>><br>Sent: Sat Aug 01
19:16:51 2009<br>Subject: Re: [kictanet] Seacom goes live- wait for
TEAMS<br><br>Competition?<br><br>3 cables does NOT =
competition. <br><br>As Waudo mentioned elsewhere in his posts, the big
boys and girls sitting on TEAMs board are the same ones on SEACOM, EASSy and
most likely anything else likely to land in Mombasa in the near
future.<br><br>Basically you are looking at a conducive\cartel environment for
fixing prices - think of our oil industry. Yes you have competition in the
name of Agip, Total, Caltex, etc but has that brought down prices for
gas?<br><br>Probably am being paranoid but I am waiting for the case study
where public good won over private profits...maybe it will happen in another 4
months as the PS said. And when it happens it should should not be
the misleading by 1-5% price drops. Ideally for the
TEAMs<br>(tax-payers) cable you should be asking for the less than 100USD per
MB prices that have been floated around over the recent years. And that should
be per month rates NOT the punitive per byte of download
rates.<br><br>walu.<br><br>--- On Sat, 8/1/09, Gakuru Alex <<a rel="nofollow" ymailto="mailto:alexgakuru.lists@gmail.com" target="_blank" href="mailto:alexgakuru.lists@gmail.com">alexgakuru.lists@gmail.com</a>> wrote:<br><br>> From:
Gakuru Alex <<a rel="nofollow" ymailto="mailto:alexgakuru.lists@gmail.com" target="_blank" href="mailto:alexgakuru.lists@gmail.com">alexgakuru.lists@gmail.com</a>><br>> Subject: Re:
[kictanet] Seacom goes live- wait for TEAMS<br>> To: <a rel="nofollow" ymailto="mailto:jwalu@yahoo.com" target="_blank" href="mailto:jwalu@yahoo.com">jwalu@yahoo.com</a><br>> Cc: <a rel="nofollow" ymailto="mailto:kictanet@lists.kictanet.or.ke" target="_blank" href="mailto:kictanet@lists.kictanet.or.ke">kictanet@lists.kictanet.or.ke</a><br>> Date: Saturday, August
1, 2009, 12:54 PM<br>> Competition!! Yes indeed is consumers<br>> best
friend.<br>><br>> In fact, instead of staying out all night pinging,
pinging,<br>> and<br>> pinging.. and nothing much changes...then burning
ourselves<br>> out<br>> arguing on Seacom pricing, we should now
strategise how to<br>> fuel more<br>> competition, confront next
connectivity frontier-rural.<br>><br>> Skunkworks are pleased to inform
you that PS Ndemo will be<br>> talking to<br>> us about the one million
laptops stimulus, technology<br>> innovation and<br>> entrepreneurship-
On Tuesday next week (4th August).<br>><br>> I intend to ask him "what
would be the government's plans<br>> regards<br><span><span>> hooking Kenya up
with <a target="_blank" href="http://www.o3bnetworks.com/">http://www.o3bnetworks.com/</a>?"</span></span><br>><br>> See the
attached image.<br>><br>> Regards,<br>><br>> Alex<br>><br>>
On Sat, Aug 1, 2009 at 3:41 AM, Joseph Mucheru<<a rel="nofollow" ymailto="mailto:mucheru@google.com" target="_blank" href="mailto:mucheru@google.com">mucheru@google.com</a>><br>> wrote:<br>> >
Walu,<br>> ><br>> > I personally think it is a bit simpler than
that. Over<br>> the many years we<br>> > have lobbied for better
services and/or prices in the<br>> country, the one sure<br>> > thing
that always worked was competition. In the case<br>> of the cables, I
think<br>> > the competitive pressures are much more for the<br>>
operators as the investment<br>> > (stakes) are much higher. By various
calculations both<br>> Seacom and Teams have<br>> > more than three
times the current bandwidth demand.<br>> That means the wiser<br>> >
operators will not only be the ones that are first to<br>> market, but
those that<br>> > give the right price to attract the economies of
scale<br>> they need to ever get<br>> > back their investment. Any
operator that delays this<br>> process will only have<br>> > much
more future cost to convincing consumers to get<br>> onto their
network.<br>> ><br>> > I am convinced right now it is a consumers
market and<br>> what will be<br>> > interesting is which operators
are able to see things<br>> from a long-term<br>> > perspective and
win the market. The fact that some<br>> operators have a much<br>> >
broader and wider local loop infrastructure only makes<br>> this more
interesting<br>> > and does not give outright victory to one.<br>>
><br>> > In summary, investment in the cables is a sunk cost<br>>
and the game now is who<br>> > can get the user numbers on their
network. Any<br>> short-term gains by an<br>> > operator through
higer prices will cost them<br>> significantly more in the<br>> >
long-run.<br>> ><br>> > my 2cts worth<br>> ><br>> >
Joe Mucheru<br>> ><br>> > On Sat, Aug 1, 2009 at 1:14 AM,
Walubengo J <<a rel="nofollow" ymailto="mailto:jwalu@yahoo.com" target="_blank" href="mailto:jwalu@yahoo.com">jwalu@yahoo.com</a>><br>> wrote:<br>> >><br>>
>> Waudo,<br>> >><br>> >> Difference -at least on
paper- is that TEAMS was<br>> put up with Tax payers<br></div></div>>
>> money by close to 40% (i think). Â So you and me
<div class="im"><br>> have a 40% say or demand<br>> >> that they
sell the bandwidth commodity at cost.<br></div>> Â But you and me (tax
payers)
<div class="im"><br>> >> have 0% (zero%) shares in SEACOM.<br>>
>><br>> >> SEACOM was put up with 100% private money -
only<br>> the individual<br>> >> shareholders can decide on
pricing (remember the<br>> famous SAT3 cable on the<br>> >>
west-african cost that had little impact on<br>> pricing? the
individual<br>> >> shareholders decided to keep the prices just
1-5%<br>> below satellite in order<br>> >> to recoup investment
with the shortest timeframes.<br></div>> Â 15 years later, the
<div class="im"><br>> >> prcing was still the same at 1-5% satellite
costs.<br></div>> Â That is called Business-
<div class="im"><br>> >> increasing shareholders value and yes
nobody<br>> should apologies for that)<br>> >><br>> >> In
short, SEACOM can go the SAT3 way and you and<br>> CCK can shout as much
as<br>> >> they want and they have every right not to
care.<br></div>> Â BUT with TEAMS you and i
<div>
<div></div>
<div class="h5"><br>> >> do have a say - however small it is or it
maybe.<br>> >><br>> >> And its pretty grey area how say like
Safcom with<br>> shares on both cables<br>> >> can be compelled to
reduce prices because if push<br>> comes to shove Safcom can<br>>
>> say their data is strictly running on the<br>> (private) SEACOM
cable which is<br>> >> exempt from all the regulatory pressures. It
can<br>> chose to say TEAMS is<br>> >> simply it back-up
route.<br>> >><br>> >> Thats why I think we are breaking new
ground here<br>> and its going to be very<br>> >>
interesting...<br>> >><br>> >> walu.<br>>
>><br>><br>> -----Inline Attachment Follows-----<br>><br>>
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