Thursday, May 20, 2010

Set Telkom free | TechCentral

[By Duncan McLeod]

Government often argues that it must retain its stake in Telkom because the telecommunications company is a “strategic national asset”. But with competition intensifying by the day, the best thing that could happen to Telkom — and its customers — would be for government to sell up.

When government partially privatised Telkom in the mid-1990s, it made a fatal mistake: it took a lumbering, state-owned monopoly and handed it to a sophisticated foreign management team without opening the market to competition.

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