Regulator slashes call prices

14 Dec 2005

French telecoms regulator ARCEP says the country’s three main mobile operators will have to cut wholesale phone tariffs by 24% in 2006, costing them an estimated EUR900 million in sales. 40% of the cuts will be aimed at fixed-to-mobile calls, saving consumers up to EUR350 million a year. Orange, SFR and Bouygues were recently handed record fines for allegedly colluding to fix market conditions.