Telkom’s forced ADSL price cuts

Telkom have reached a settlement agreement to resolve a series of complaints lodged against Telkom from 2005 to 2007 by various companies, including the Internet Service Providers’ Association (ISPA), Internet Solutions, Multichoice, and Verizon.

The settlement package includes an admission of guilt by Telkom, a R200-million penalty, a functional separation between Telkom’s retail and wholesale divisions, a transparent transfer pricing programme, and wholesale and retail pricing commitments for the next five years estimated to yield R875m savings to customers.

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Credits: Staff Writer -  http://mybroardband.co.za