Regulator imposes mobile price cuts

16 Oct 2006

Ecuadorean mobile operators Porta and Movistar Ecuador have been ordered by the country’s telecoms regulators Conatel and Senatel to cut the maximum price they can charge for calls from USD0.50 to USD0.30 per minute, according to BNamericas citing local paper La Hora. The new rates ceiling will start on 29 November 2006 for Movistar and 26 August 2008 for Porta – the dates for their respective contract renewals. The regulators’ decision is final and not open to appeal, and will be good news to the country’s pre-paid users who account for around 86% of all mobile customers and are charged the highest rates. Pay-as-you-go users are charged an average USD48.5 per minute for calls, while those with contracts pay between USD0.08 and USD0.09, the report said citing regulator figures.