LONDON (Alliance News) - Media and communications regulator Ofcom on Tuesday said it has published its final statement on its review of mobile call termination markets.
Ofcom said it will implement a new price control, which will apply to all mobile operators, which will mean termination rates will fall in real terms from 0.826 pence to 0.475 pence in April 2017. The higher rate is based on 2012-13 prices, Ofcom said.
Ofcom said it will adopt a transition period, between now and May 1, for the new mobile termination rates to take effect.
Shares in Vodafone Group PLC were down 0.5% to 221.6 pence on Tuesday morning, while shares in BT Group PLC were up 0.3% to 453.1 pence.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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