Don’t look now, but something profound is happening at Telkom. The new management team, led by group CEO Sipho Maseko and board chairman Jabu Mabuza, appears to be actively trying to change (well-founded) perceptions that the company is a litigious and rapacious
The Competition Tribunal has given “formal confirmation” to the settlement agreement reached between the Competition Commission and Telkom, the telecommunications operator said on Thursday. The agreement has been made an order of the tribunal, Telkom said. “This agreement
Competition cases, such as the two Telkom recently agreed to settle with South Africa’s Competition Commission, are outside the purview of the law, exploit public distrust of private-sector companies, enrich competition authorities and extract shareholder funds from companies by encouraging executives
The Competition Tribunal on Wednesday appeared set to agree to the terms of a settlement reached between the Competition Commission and Telkom concerning anticompetitive abuses by the operator between 2005 and 2007. The settlement includes payment
The Competition Tribunal is this week set to hear arguments related to the settlement agreement reached between the Competition Commission and Telkom in June.
The agreement with the commission is subject to approval by the tribunal, which will hear the matter on Thursday and Friday this
Telkom has agreed to pay a R200m penalty, to functionally separate its retail and wholesale divisions, to adhere to pricing commitments for the next five years, and to allow its future conduct to be monitored. This all forms part of a settlement with the Competition Commission over anticompetitive abuses
Naspers-controlled pay-TV operator MultiChoice, which owns DStv and SuperSport, may soon face a probe by South Africa’s competition authorities after rival On Digital Media (ODM), which owns TopTV, accused it of anticompetitive abuses. TechCentral can reveal exclusively
The competition appeal court has agreed to allow Telkom and the Competition Commission to withdraw their separate appeals in the long-running case involving anticompetitive abuses by the telecommunications operator between 1999 and 2004
Telkom and the Competition Commission have dropped their separate applications to the competition appeal court related to last year’s decision by the Competition Tribunal to hand down a R449m fine on the telecommunications operator for past anticompetitive abuses. Competition Commission
The Competition Commission has entered into talks with Telkom with a view potentially to resolving a second broad-ranging investigation against the fixed-line operator outside of the process of formal competition hearings. The move comes just months after the Competition Tribunal
