Breaking News- Teams Update

Without wishing to interrupt the discussion on the eRegulators, I thought it is good to know the new anticipated operational date for the TEAMS cable: May 2009. Yes, 2009 and NOT next year 2008. I attended the TEAMS public meeting at KCCT this morning and quite alot of info was shared but since I am yet to get the slides, heres is what I could remember offhead and so will stand corrected. 1. That the cable will be operational in 2009. 2. That the Govt will own 40%, Etillsat 15% and the rest is free for grabs from other Interested stakeholders. 3. That unit investment is USD 5million for a gauranteed capacity of Bandwidth. 4. That the deadline for investment is 30th Nov 2007. 5. That it will be operated by an 'Open' consortium under a company called TEAMS ltd. 6. Consortium members will be free to sell off their shares to new comers at prevailing market price. 7. Teams Ltd will be mandated to negotiate access fee for people wishing to connect and transit fees for the upstream providers in Fujiara. 7. That the objective is to deliver the initial Bandwidth at USD 500 (five hundred) per 1Meg. Maybe our local Regulator, CCK should take the initiative to upload the slides presented on their website and we shall still be talking about eRegulation ;-) walu. ____________________________________________________________________________________ Moody friends. Drama queens. Your life? Nope! - their life, your story. Play Sims Stories at Yahoo! Games. http://sims.yahoo.com/
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John Walubengo