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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