PTA launches consultation on wholesale MTRs

Iceland’s telecoms regulator the Post and Telecommunication Administration (PTA) has launched a public consulation on a draft decision to reduce wholesale mobile termination rates (MTRs) from the current rate of ISK4.00 (USD0.03) per minute to ISK1.64 (USD0.01) per minute for all of the country’s wireless operators from January 2014. The decision is based on the implementation of a pure Long Run Incremental Costs (LRIC) model, in accordance with recommendations by the European Union (EU) and the EFTA Surveillance Authority (ESA). The regulator has invited all interested parties to submit their comments by 5 September 2013.