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TKG
TKG
TKG - Telkom SA Limited - Telkom files tariff adjustment with ICASA
Telkom SA Limited
(Registration Number 1991/005476/06)
ISIN ZAE000044897
JSE and NYSE Share Code TKG
("Telkom")
Telkom files tariff adjustment with ICASA
Telkom`s proposed overall annual tariff adjustments filed today with Independent
Communications Authority of South Africa ("ICASA") is well below the overall
increase permitted by the regulator`s Price Control Formula and demonstrates
Telkom`s continued drive to ensure affordable telecommunications access in South
Africa.
ICASA uses the formula of "Consumer Price Index ("CPI") minus 3.5% plus carry-
over". This formula- would have allowed Telkom to file an overall increase of
19.7% (including carryover of 14.8%) or 4.9% (excluding carryover) using the
April 2009 CPI of 8.4% as is required by regulation.
Telkom`s price-filing with ICASA seeks an overall increase in its basket of
products and services of 1.7%. Pending ICASA approval of the price filing,
Telkom`s new tariffs will become effective on 1 August 2009.
The following tariff adjustments have been proposed:
the minimum charge for postpaid local calls (0-50km) remains unchanged but the
per second tariffs for Standard and Callmore time increase by 4.2 cents and 2.1
cents per minute respectively. The tariffs for long distance calls (>50km)
remain unchanged.
PrepaidFone (weekly and monthly) as well as postpaid residential and business
line rental charges increase by 5.5% while the PrepaidFone Waya-Waya annual
subscription will increase from R120.00 to R130.00 per annum. PrepaidFone local
and long distance calls increase by 10%.
Outgoing mobile/cellular calls and outgoing calls to Neotel, Other Licensed
Operators or OLOs (previously known as VANS) and Universal Service Access
Licensees (USAL`s) remain unchanged.
Overall, the impact on international calls rates will be 0%, although tariffs to
certain destinations could either increase or decrease.
The monthly subscription charges for DSL, Do Broadband and TelkomInternet remain
unchanged. TelkomInternet all access 2Gb and 3Gb standard offering bandwidth
customers will have their offerings upgraded to 3Gb and 5Gb respectively.
Telkom Closer 1 and 2 subscription charges will increase by 7.4% and 5.6%
respectively. Current tariffs will remain unchanged for the Telkom Closer 3, 4
and 5 calling plans.
From 1 September 2009, Telkom Closer 1 customers will receive free local and
long distance weekend calls of up to an hour during Callmore time.
Overall, data tariffs in the basket will decrease by 6%.
Telkom is confident that our proposed price changes will be approved by ICASA
having complied with regulatory prescriptions.
Pretoria
22 June 2009
Sponsor: UBS South Africa (Pty) Ltd
Date: 22/06/2009 14:05:01 Produced by the JSE SENS Department.
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