| Tue 14 Sep 2004, 17:21 | | Telkom requests a reduction in international bandw |
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Telkom requests a reduction in international bandwidth pricing from ICASA
Telkom SA Limited
(Registration Number 1991/005476/06)
ISIN ZAE000044897
JSE and NYSE Share Code TKG
(`Telkom`)
Telkom requests a reduction in international bandwidth pricing from ICASA
Telkom filed reduced charges for international data circuits via satellite and
submarine cable with the Independent Communications Authority of South Africa
(ICASA), on 27 August 2004.
Due to the increasing demand for international connectivity, Telkom has seen its
capacity utilisation increasing. This together with new technology advances has
now allowed Telkom to pass the benefits derived from these improved efficiencies
on to customers. The proposed reductions vary between 10% and 25% on the monthly
charges for international data circuits via submarine cable, to all
international destinations on the most commonly-used bandwidth services.
The proposals also include a 3.6% reduction on the monthly charges for
international data circuits via satellite, for all intercontinental as well as
selected Northern African countries, for the most-commonly used bandwidth
services between 9 600 bits/s and 768 Kb/s.
Pending ICASA approval on or before, Friday 17 September 2004, Telkom will
implement the reduced charges with effect from 11 October 2004.
Johannesburg
14 September 2004
Special note regarding forward-looking statements
All statements contained herein, as well as oral statements that may be made by
us or by officers, directors or employees acting on behalf of the Telkom Group,
that are not statements of historical fact constitute `forward-looking
statements` within the meaning of the US Private Securities Litigation Reform
Act of 1995, specifically Section 21E of the U.S. Securities Exchange Act of
1934, as amended. Such forward-looking statements involve known and unknown
risks, uncertainties and other factors that could cause our actual results to be
materially different from historical results or from any future results
expressed or implied by such forward-looking statements. Among the factors that
could cause our actual results or outcomes to differ materially from our
expectations are those risks identified under the caption `Risk Factors`
contained in item 3 of Telkom`s most recent annual report on Form 20-F filed
with the U.S. Securities Exchange Commission (SEC) and our other filings with
the SEC, available on Telkom`s website at www.telkom.co.za/ir, including, but
not limited to, increased competition in the South African fixed-line and mobile
communications markets; developments in the regulatory environment; Telkom`s
ability to reduce expenditure, customer non-payments, theft and bad debt, the
outcome of arbitration or litigation proceedings with Telcordia Technologies
Incorporated and others; general economic, political, social and legal
conditions in South Africa and in other countries where Vodacom invests;
fluctuations in the value of the Rand and inflation rates, our ability to retain
key personnel; and other matters not yet known to us or not currently considered
material by us. You should not place undue reliance on these forward-looking
statements. All written and oral forward-looking statements, attributable to us,
or persons acting on our behalf, are qualified in their entirety by these
cautionary statements. Moreover, unless we are required by law to update these
statements, we will not necessarily update any of these statements after the
date hereof either to conform them to actual results or to changes in our
expectations.
