Tim Wyatt-Gunning, previously joint CEO of telecommunications company Storm and now CEO of Internet service provider Web Africa, says Telkom should be handed a hefty fine by the Competition Tribunal and that it has by no means reformed its ways as it claims. Storm was one of the companies that lodged
Browsing: Telkom
In a new submission to the Competition Tribunal at hearings into alleged anticompetitive behaviour by Telkom, the Competition Commission has recommended to the tribunal that it impose a fine of nearly R1,2bn against the company. This is less than the maximum R3,5bn fine analysts said it could have asked
In closing arguments on Wednesday at the Competition Tribunal’s hearings into Telkom’s alleged anticompetitive practices, Competition Commission legal counsel Adv Martin Brassey said Telkom had fought the case at every opportunity and deserved a severe penalty. Brassey said the tribunal should
Telkom came out guns blazing at Competition Tribunal hearings this week, warning that if it were fined the maximum allowed for alleged anticompetitive behaviour last decade, its business could be put in jeopardy. Does the fixed-line operator have a point or is it all just grandstanding? In its closing
American Tower Corporation (ATC), the company that acquired Cell C’s base station infrastructure last year in a R430m deal, has begun building its own mobile telecommunications towers from scratch in areas where operators have poor coverage. ATC SA CEO Pieter Nel says the company has just completed
If the Competition Tribunal imposes a large fine on Telkom for anticompetitive behaviour, it will be “catastrophic” for the company and will “irretrievably jeopardise its viability”, leading to “disastrous consequences for the SA economy and government”. This is the stark warning the
Telkom came under fire on Monday as the Competition Tribunal hearing into alleged anticompetitive conduct by the telecommunications company resumed for closing arguments. SA’s fixed-line operator stands accused of abusing its dominance by charging excessive prices; refusing access to an essential facility
The Competition Tribunal will spend up to three days next week hearing closing arguments in the case between Telkom and the Competition Commission over allegations the operator abused its monopoly position, in the process harming competition in the sector. The hearings took
The Independent Communications Authority of SA (Icasa) is holding public hearings on Thursday to allow telecommunications operators to present their definitions of an “underserviced area”. The definitions are important because, under Icasa’s guidelines for future spectrum allocation
Telkom investors will welcome news that there will be continuity on the group’s board. Chairman Lazarus Zim has been reappointed to the position and his term of office will now end on 31 August or at the group’s 2013 annual general meeting, whichever is the earlier date. Zim was appointed