Movistar and Entel suggest compromise on access fees

23 Dec 2013

Entel and Movistar, Chile’s two largest cellcos by subscribers have put forward a proposal to drop access charges by more than 50% in 2014, as part of the tariff setting process for 2014-2019 with sector regulator Subtel, Diario Financiero writes. The duo had strongly opposed the watchdog’s own plan to decrease fees from around CLP60 to CLP11.9 (USD0.11 to USD0.022) in 2014, falling to CLP4.2 by the end of the period. Spanish backed operator Movistar has suggested reducing the rate to an average of CLP24.89 for the period, starting at CLP26.6 falling to CLP23.76 for the fourth and fifth year of the plan. For its part, Entel proposed an average fee of CLP26.03, with the rate starting at CLP29.4 in 2014 and falling to CLP22.6 by 2019.