MT says prices for services unlikely to rise in 2006

13 Jan 2006

Macedonia’s incumbent fixed line services provider Makedonski Telekomunikacii (MT) says it is unlikely to raise the cost of its phone services in 2006, although its chief executive, Attila Szendrei, confirmed that no firm decision has actually been taken. The announcement comes amid renewed speculation that the government is looking to sell all or part of its 47.1%+ 1 golden share in the operator.

MT is no stranger to controversy when it comes to price rises. As recently as May 2005 it was accused of hiking its tariffs without seeking approval from the country’s regulator. The operator increased the prices of international calls to some countries, including Bulgaria, Greece and Serbia, by as much as 40%. MT claimed that the hikes were necessary due to changes in the zonal distribution of some countries for billing purposes. However, the Telecommunications Administration launched an investigation into the matter after confirming that it was not informed of any price alterations by MT and that the telco might have broken the rules of its concession.

North Macedonia, Makedonski Telekom (Telekom)