Telkom SA Cuts Prices by 30%

Fixed-line operator Telkom has cut its retail price of international bandwidth to all destinations by 30 percent, with effect (retrospectively) from May 1.

This is according to Moneyweb which was speaking to Telkom's Steven Hayward, managing executive for retail marketing. According to Hayward, the new rates, especially on the lower speed connections, now "compare favourably" with pricing of bandwidth globally...

...The decrease is the fifth significant reduction in international bandwidth prices (international private leased circuits) during the last three years.

Telkom's Hayward said the price of a 2Mbit link to Europe will now cost R62 000 per month. Three years ago, the same connection would have been priced at R186 000. .

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