Austrian regulator, Telekom Control Commission (TKK), has announced plans to cut mobile termination rates to EUR0.02 (USD0.026) per minute by 1 July 2011. The first cuts will be made retroactively with calls terminated between 1 July 2008 and 31 December being charged at EUR0.057 per minute. For the period 1 January 2009 to 30 June 2009 the rate will drop to EUR0.045 per minute. The rates will then decrease incrementally every six months until 1 July 2011. TKK says that the wholesale reductions will be passed on to the consumer.