French telecoms regulator Autorite de Regulation des Communications Electroniques et des Postes (Arcep) has opened a public consultation on a draft decision to lower the fixed and mobile termination rates (MTRs) in mainland France and its overseas territories for the period 2014-2017. Under the proposed glide path, MTRs will remain at their current level – EUR0.008 (USD0.010) per minute – until 31 December 2014. MTRs will be subject to a price cap of EUR0.0078 per minute from 1 January 2015 to 31 December 2015, before decreasing again to EUR0.0076 for the twelve months beginning 1 January 2016. The Arcep proposes a EUR0.0074 per minute rate from 1 January 2017. SMS termination, meanwhile, is capped at EUR0.01 for the whole period under review. For fixed voice termination, the regulator has suggested a rate of EUR0.0008 per minute until end-December 2014; looking ahead, the tariffs will be capped at EUR0.00079 from 1 January 2015 to 31 December 2015, before failing further – to EUR0.00078 – from 1 January 2016. Arcep proposes a EUR0.00077 tariff for terminating fixed voice calls from the beginning of 2017. The regulator has invited all interested parties to submit their comments by 13 October 2014; the final decision on the subject will be submitted to the European Commission (EC) by the end of the year.