Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

Ivy halts cheap prices

Sep 19 2008 15:47 Belinda Anderson

Related Articles

More applause for telecoms ruling

Telkom competition a step closer

 

Top Stories

Gauteng road project costs rocket

May 25 2012 13:58

The costs of the first phase of the Gauteng Freeway Improvement Project have increased significantly to almost R90bn, according to a report.

Greek euro worries pressures rand

May 25 2012 19:13

Uncertainty over the future of the euro zone returned to push the rand down against the dollar.

JSE halts 'incorrect' trade

May 25 2012 11:36

The JSE has identified and stopped "incorrect" trades from one of its members, and will reverse the trades and lower the session's total value after the close.

 
Share Share line Print
Johannesburg - Communications Minister Ivy Matsepe-Casaburri has decided to appeal the Pretoria High Court's ruling that telecommunications operators can build their own networks, bypassing Telkom and ultimately resulting in lower prices.

The ruling, which was made in favour of Autopage Cellular parent Altech after it decided to take the minister and telecommunications regulator Icasa to court over self-provision, threw the South African telecommunications market open and was widely welcomed as a decision that would introduce more competition into the market.

Matsepe-Casaburri's announcement is in contrast to Icasa's decision not to appeal the judgment.

It had already gone ahead and licensed new individual electronic communications network service providers (I-ECNS licence-holders). This licence entitles them to roll out their own networks, known as self-provision.

Among the recipients were players like Altech Autopage, Datapro (Vox Telecom), MTN Network Solutions, M-WEB, ECN Telecommunications and Telfree. The new licensees were due to collect their licences from Icasa from next week.

Matsepe-Casaburri now says, via her spokesperson Joe Makhafola, that if value-added service providers (Vans) are allowed to obtain I-ECNS licences under licence conversion, "government's managed liberalisation policy will be seriously undermined to the detriment of the information and communications technologies (ICT) industry".

Icasa and the Department of Communications (DoC) had initially differed on their stance on self-provision, with Icasa interpreting the minister's September 2004 determinations to say that the Vans could build their own networks.

It backtracked, seemingly after ministerial intervention, until Altech recently challenged the interpretation in court and won.

The industry has been abuzz with excitement about the implications of the positive ruling for fast-tracking deregulation, in the wake of the August 29 judgment.

Acting Judge Norman Davis said that Vans had been able to self-provide since early 2005, and cast aside Icasa's competitive process for determining which Vans should be allowed to obtain I-ECNS licences.

The minister now says, however, that she will shortly issue a policy direction to Icasa directing it to issue an invitation to apply for a number of new I-ECNS licences, "in accordance with the implementation of the managed liberalization policy".

The DoC, she said, would also fast-track an amendment to the Electronic Communications Act to "remove any ambiguity around managed liberalisation and to make it clear that Vans licensees are not entitled to I-ECNS licences under licence conversion".

- Fin24.com

 
 
Comment on this story
0 comments
Comments have been closed for this article.
Facebook's intrinsic value
May 23 2012 11:32

When it comes to judging a company’s worth, value investors like Warren Buffett look at intrinsic value. By that measure, Facebook’s shares are worth less than $10. A Reuters analyst breaks down the math. (Reuters)

NicolaaSmith

CIPPA equals automatic zero erosion in the constant item economy We do not have stable – as in fixed real value – money. The real value of money is generally accepted by the public at large to be stable – as in fixed – in low inflation economies, but this is not true. The be... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

Money Clinic Do you have a question about your finances? We'll get an expert opinion.
Click here...

Loading...