I think it is necessary to discuss how this will all be funded. Submarine cables systems are expensive to install and maintain, and I have yet to see or hear of any firm proposals of how this will all be funded. I have heard talk of SPV's with Government putting up the initial capital, IPO's etc. but nothing in writing. As one of the potential main users of an international submarine cable and probably one that might be asked to participate in the funding, it would be useful to start this dialog quite early. Regards, Michael CEO Safaricom Limited ________________________________ From: kictanet-bounces+mjoseph=safaricom.co.ke@kictanet.or.ke [mailto:kictanet-bounces+mjoseph=safaricom.co.ke@kictanet.or.ke] On Behalf Of Bill Kagai Sent: Monday, January 29, 2007 10:02 PM To: Michael Joseph Subject: Re: [Kictanet] Day 6 of 10: Best Business & Regulatory Modelforprovisioning OFC(EASsy, TEAMs, etc) I agree with both [Ndemo and Kai] Esq.. albeit in part. Open Access can be re-defined at a new (higher) level if both Govt (TEAMS) and Private (FLAG) float shares to the public in these ventures before the projects commence. We (Mwananchi) thus becomes consumers in ownership earning dividend...and everybody goes home happy. Maybe our primary recommendation should be that a venture which entails public consumables like this cable should first be floated to the public so that we ALL gain. Bill On 1/29/07, bitange@jambo.co.ke <bitange@jambo.co.ke> wrote: Dear All, It is appropriate to thank Walubengo for the excellent job he is doing in moderating this discussion. I am suprised that some of you are making outrageous statements like "TEAMs is to go to a monopoly". This is not true because I am sure that the TEAMs design has not been made public. Secondly, it in the Government interest that these projects benefit mwananchi. The Government would continue to encourage competition to ensure the costs are at the lowest. The only reason one would feel hurt about competitor progress is when that person wants the monopoly status. Regards Ndemo The information in this email and any attachments is confidential and may be legally privileged. It is intended only for the use of the named addressee. Emails are susceptible to alteration and their integrity cannot be guaranteed. Safaricom Limited does not accept legal responsibility for the contents of this email if the same is found to have been altered or manipulated. The contents and opinions expressed in this email are solely those of the author and do not necessarily represent those of Safaricom Limited. Safaricom Limited disclaims any liability to the fullest extent permissible by law for any consequences that may arise from the contents of this email including but not limited to personal opinions, malicious and/or defamatory information and data/codes that may compromise or damage the integrity of the recipient's information technology systems. If you are not the intended recipient please notify the sender and immediately delete this email from your system.