http://www.finance24.com/Finance/Companies/0,6778,1518-24_1618267,00.html
New Telkom tariffs on way
09/11/2004 16:34 - (SA)
Donwald Pressly
Cape Town - Telkom, South Africa's partially privatised fixed line telephone company, will announce its proposed tariffs for next year on Monday November 15, says Telkom CEO Sizwe Nxasana.
"With inflation being where it is, we can expect Telkom's tariffs to be even much lower (sic) as we prepare to file for tariffs that will be implemented from January next year."
Addressing the National Assembly communications portfolio committee on Tuesday, Nxasana said the proposed tariffs - to take effect from January 1 - would be lodged with the Independent Communications Authority of South Africa on that day and made public shortly thereafter.
Nxasana said the issue of Telkom tariffs "is always a very topical one especially in the light of profits that Telkom is generating".
However, he said it was important to realise that Telkom had been "rebalancing its tariffs" and it was aware that it needed to be competitive in the market place.
He noted that Tarifica - which monitors international communication company prices for local calls - had found that South Africa was well below the average price for off-peak three minute local calls.
<b><hr noshade size="1"></b><font size="2"><font color="red"><b>You can take Telkom out of the Post Office but you can't take the Post Office out of Telkom.</b></font id="red"></font id="size2">
New Telkom tariffs on way
09/11/2004 16:34 - (SA)
Donwald Pressly
Cape Town - Telkom, South Africa's partially privatised fixed line telephone company, will announce its proposed tariffs for next year on Monday November 15, says Telkom CEO Sizwe Nxasana.
"With inflation being where it is, we can expect Telkom's tariffs to be even much lower (sic) as we prepare to file for tariffs that will be implemented from January next year."
Addressing the National Assembly communications portfolio committee on Tuesday, Nxasana said the proposed tariffs - to take effect from January 1 - would be lodged with the Independent Communications Authority of South Africa on that day and made public shortly thereafter.
Nxasana said the issue of Telkom tariffs "is always a very topical one especially in the light of profits that Telkom is generating".
However, he said it was important to realise that Telkom had been "rebalancing its tariffs" and it was aware that it needed to be competitive in the market place.
He noted that Tarifica - which monitors international communication company prices for local calls - had found that South Africa was well below the average price for off-peak three minute local calls.
<b><hr noshade size="1"></b><font size="2"><font color="red"><b>You can take Telkom out of the Post Office but you can't take the Post Office out of Telkom.</b></font id="red"></font id="size2">