News update Telecoms and ICT in Africa – Issue No 136 on 15 November 2002

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SOUTH AFRICA’S TORTUROUS LIBERALISATION: SNO, SNO, QUICK, QUICK, SNO...

15 November 2002

South Africa’s telecoms liberalisation process took another crab-like step forward last week. The prize will be the first large, liberalized market in Africa. With eventually three international operators, bandwidth prices (that have been kept high by incumbent Telkom) will start to tumble. The process also faced a legal challenge from the trade union grouping Solidarity over share allocations.   But this week saw the last stage of the torturous Second National Operator (SNO) bidding process. The successful bidder will get a 51% shareholding that will join Eskom and Transtel (30%) and the Black empowerment group Nexus Connection (19%). The split…