Telkom will oppose proposed record fine of R3,5bn

TELKOM will oppose a proposed fine by competition authorities for abusing its market dominance, it said yesterday.

TELKOM will oppose a proposed fine by competition authorities for abusing its market dominance, it said yesterday.

The Competition Commission said on Wednesday Telkom could be fined for overcharging Internet companies who use its fixed-line telecoms network. Analysts said this could be between R3,5-4billion.

"At this stage, we will oppose it (a fine)," Telkom's group executive of legal services Anton Klopper said.

"And we are not saying we'll not settle some of those complaints, it depends what are the merits ."

Telkom and the commission will meet on Monday at the Supreme Court of Appeal, which will decide who has jurisdiction on adjudicating the complaints. - Reuters

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