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Telkom SA reduces tariffs in Competition Commission agreement

September 19, 2013 • Mobile and Telecoms, Southern Africa

Sipho Maseko, CEO, Telkom Group. The Company has announced wholesale price reductions. (Image source: File)

Sipho Maseko, CEO, Telkom Group. The Company has announced wholesale price reductions. (Image source: File)

Telkom SA today announced tariff reductions on certain wholesale products in keeping with the obligations in this regard in the settlement agreement reached with the Competition Commission, which was made an order of the Competition Tribunal on 18 July 2013.

Telkom and the Commission had agreed which products will be subject to price reductions, as well as the extent to which the tariffed prices of those products would be reduced within the 2014 financial year.Accordingly, and effective 17 October 2013, Telkom Wholesale will reduce the effective tariff prices of IP Connect by 8%; Diginet by 4%; CHIPAC by 4%; Ethernet Express by 6%; Metro Clear by 6% and IPLC’s by 25%.Additionally, Telkom Wholesale will implement an effective 10% price reduction on the off-the-shelf prices, across the following SAIX Dedicated Access services: SAIX Silver National International 75/25; SAIX Gold National International 75/25; SAIX International IP Transit and SAIX National Plus.

“Telkom’s undertakings to reduce prices was aimed at stimulating increased competition in the market with a large emphasis on wholesale,” says Group CEO, Sipho Maseko.

“Telkom is committed to fully complying with the provisions of the settlement agreement which is proof of a higher level of transparency within Telkom and ultimately a further expression of the foundation of a new Telkom,” he concluded.

Staff Writer

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