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Date
: 18/12/2003
Source: Ministry of Communications
Title: Matsepe-Casaburri: Statement on Second National Operator
(SNO)
PRESS STATEMENT BY THE MINISTER OF COMMUNICATIONS, DR IVY
MATSEPE-CASABURRI, ON THE SECOND NATIONAL OPERATOR (SNO)
After engaging extensively in discussions with interested parties
on the SNO, I have decided to grant CommuniTel and Two Consortium
26% equity in the SNO, of which each will hold 13%. Both parties
have agreed to accept the offer.
The unallocated 25% equity will remain with government, which will
take responsibility for seeing that this portion is
warehoused.
The SNO licence will be issued by Icasa to the integrated entity
composed of CommuniTel, Two Consortium, Esitel, Transtel and Nexus
Connection.
The above entities are currently engaged in an integration process,
which is expected to be finalised shortly.
I would like to thank all parties for their willingness to engage
in discussions and also to encourage them to work together, so that
a credible, effective SNO is in place as soon as possible.
For further details contact: Mr Pakamile Pongwana, Deputy
Director-General: Department of Communications, on 012 427 8510 or
083 703 2009
Issued by the Ministry of Communications, 18 December 2003
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