Gawd it looks like a port to starboard collision. Did the pilot see something,
slow, call a mayday then get dragged up to speed explaining the anomoly in speed? Something looks awry here no matter how you look at it.
A collision is not being considered as a possible cause. There would be no dilemma here. It would have been recorded on radar, and any aircraft in that airspace would have been controlled, and separated.
Also this aircraft almost undoubtedly has collision avoidance equipment on board.
Looks like there was no distress call.