Telkom gets nailed with R449m fine

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Stuart
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Telkom gets nailed with R449m fine

Post by Stuart »

The Competition Tribunal has imposed a penalty of R449 million on Telkom SA for abusing its dominance in the telecommunications market.

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Re: Telkom gets nailed with R449m fine

Post by Anakha56 »

There goes my Exchange upgrade. :(

Don't know if I should be happy or sad. :/
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Stuart
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Re: Telkom gets nailed with R449m fine

Post by Stuart »

Well, there was already a slight price hike on 1 August, so perhaps that was in anticipation of the fine?
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CapNemo
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Re: Telkom gets nailed with R449m fine

Post by CapNemo »

And the money ends up in some government officials pocket so what use is the fine for the public or competition for that matter
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Re: Telkom gets nailed with R449m fine

Post by ADT »

Heard this one the news yesterday, I LIKE IT :thumbright:

Should have been a bigger fine IMO, since they make so much money, or have made...
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Re: Telkom gets nailed with R449m fine

Post by CapNemo »

If the money gets used to fix the proble sure but to make more money for government to waste why bother
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ADT
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Re: Telkom gets nailed with R449m fine

Post by ADT »

CapNemo wrote:If the money gets used to fix the proble sure but to make more money for government to waste why bother
yep, for JZ to go buy himself a new airplane
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