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TELKOM SA LIMITED - Judgment from the Competition Tribunal

Release Date: 07/08/2012 13:25
Code(s): TKG     PDF:  
Wrap Text
Judgment from the Competition
Tribunal

Telkom SA Limited

(Registration number 1991/005476/06)

JSE share code: TKG

ISIN: ZAE000044897

(“Telkom”)

Shareholders are advised that Telkom today received judgment from the Competition
Tribunal in the case between Telkom and the South African Value added Networks
Services (SAVA)

The Competition Tribunal today found that Telkom was in breach of sections 8(b) and
8(d)(1) of the Competition Act ,Act 89 of 1998 and has imposed a fine of R 449 million
of which 50% is payable within 6 months from date of the order and the balance to be
paid within 18 months of date of order. Telkom is currently in the process of studying the
judgment and its implications, and if necessary a follow- up announcement in this regard
will be considered in due course.


Pretoria

07 August 2012

Sponsor: UBS South Africa (Pty) Ltd

Date: 07/08/2012 01:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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