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Telkom to appeal R449-million fine

Telkom on Thursday announced that it would appeal against the ruling by the Competition Tribunal in the case between Telkom and the South African Value added Networks Services.

By Roy Downing

4 Sep 2012

"Telkom will now have forty business days to file the record of appeal before the matter can be set down for hearing by the Competition Appeal Court‚" Telkom said in the statement.

Earlier this month a penalty of R449-million was imposed on Telkom by the tribunal for abusing its dominance in the telecoms market between 1999 and 2004‚ when the company was a monopoly provider of telecoms facilities in the country.

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Source: I-Net Bridge

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