EASSY CONSORTIUM TURNS DOWN INVESTMENT FROM AFRICA ONLINE
One of Africa’s few regional ISPs Africa Online has been turned down as an investor by the EASSy consortium, according to one of its Board members Richard Bell. It made a formal application to the Consortium in August 2005 but this application was not presented to the EASSy Board until six months later. By which time, the Board said that it was “too late” for Africa Online to become one of the MOU signatories.
Africa Online was told it could join at the Construction and Maintenance phase: the C & M document is due out on 30 June 2006. Recently in London, a furious Bell then asked EASSy: what’s the difference? And how much capacity can we get? He was told that MOU members got preferential pricing and that as latecomer (despite the six-month delay not being its fault) he would have to pay a higher price for capacity. And as he said:”Why should I buy at that higher price when I know that I will be undercut?”