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Technology Stocks : The *NEW* Frank Coluccio Technology Forum

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To: ftth who wrote (41392)8/31/2012 5:55:51 PM
From: axial   of 46821
 
Worth a rec. Agreed.

Starting from near-zero, all the excitement about greenfield development in Africa is justified. But is there any reason to suspect that long-term, the same processes that captured our telecoms won't capture theirs?

Capital - and access to capital - trumps all. There'll be a slow progression of pyramiding buy-outs, ending with a few major players dominating infrastructure, regulators and politicians. Captive end-users will once again battle with rentiers.

Only democracies that have articulated public and national interests have defeated the stasis, dissatisfaction, fraud, constant bickering and legal maneuvering that pervades our systems.

Sure, there's competition in newly-open markets and lots of hand-waving. For now. Give it time.

Jim
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