MERGERS, ACQUISITIONS AND FINANCIAL RESULTS

Readers’ responses: Issue 296

EASSY FIBRE PROJECT – THE “BEHIND-CLOSED-DOORS” DEBATE ABOUT HOW IT WILL BE DONE COMES INTO THE OPEN

I wish to say that EASSy has been shrouded in a real grey area in terms of information dissemination, and that is one of the reasons the project is taking so long to take off.

I am dismayed that some participants are deliberately misleading people. For the record, a satellite pipe of one Mbps per month goes for about US$4,400 duplex - i.e. one meg up, one meg down - it is not more than US$6,000 as some people would want folks to believe.

Also, Dalkom does not represent the interests of Somali telecoms operators. International Gateway licence requirement? Which government issued one to DALKOM? In fact, do not be surprised if the powers that be do not cooperate when the laying of the cable comes within Somali territorial waters.

The EASSy office in Nairobi does not return calls nor reply to e-mails when you ask for information about investing!

Name and address supplied

Somalia

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