Telkom has confirmed that it will reduce the price of its wholesale ADSL IPConnect (IPC) service as part of its Competition Commission settlement. However, details about the planned price cut remain sketchy.
The wholesale ADSL (IPC) price cuts form part of the Telkom’s settlement with the Competition Commission to resolve complaints over anti-competitive abuses that were lodged between 2005 and 2007.
The settlement forces Telkom to reduce prices of wholesale services implicated in the complaints and used by Internet Service Providers (ISPs) over the 2014, 2015, and 2016 financial years.
Telkom said that it will implement price reductions as per timelines agreed with the Competition Commission.
“In each instance Telkom will directly notify the ISPs of such price reductions,” Telkom said in response to questions sent to the company.
MyBroadband received information that Telkom is planning to announce an 8% ADSL IPC price cut.
While some ISPs confirmed that they expect a single digit IPC price cut from Telkom, specifics about the wholesale ADSL price reduction remain unknown.