Telkom said on Thursday (19/09/2013) it would reduce tariffs of certain wholesale products as part of its settlement agreement with the Competition Commission.
From October 17‚ the price of IP Connect‚ a product used to connect internet service providers into Telkom’s infrastructure to enable them to provide DSL services‚ will reduce by 8%‚ Diginet by 4%‚ Ethernet Express by 6%‚ Metro Clear by 6%‚ and international private leased circuits by 25%. The price of one of the new products‚ customer half internet protocol access circuit (CHIPAC)‚ will decline by 4%.
In addition Telkom Wholesale will implement an effective 10% price reduction on the off the shelf prices‚ across the South African Internet Exchange (SAIX) dedicated access services such as 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‚” said 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‚” said Maseko.
In July‚ Telkom and the commission agreed which products would 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. © BDlive 2013