Thursday, August 5, 2010

More competition for mobile phone users

National has accepted a Commerce Commission recommendation to regulate mobile termination rates. This will promote more competition between different mobile operators, and better prices for mobile phone users.

Mobile termination rates are the wholesale prices charged by mobile network operators like Telecom, Vodafone, and 2 degrees, for providing services to customers from other networks.

The Telecommunications Act requires the Minister to make decisions that best promote competition for the long-term benefit of end-users of telecommunications services.

Better prices will mean more money in your pocket. More competition will help contribute to our plan to grow the economy, and boost long-term growth and incomes for all New Zealanders.

More information: http://www.beehive.govt.nz/release/decision+mobile+termination+rates

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