The Postal and Telecommunications Authority of Zimbabwe (Potraz) has ordered the country’s mobile operators to slash tariffs by more than 30% from December this year. Call rates must be reduced from a maximum USD0.23 per minute to USD0.15 under a new long run incremental cost (LRIC) pricing model implemented by the regulator. Further, the watchdog says tariffs must drop to USD0.12 per minute in 2015 and USD0.09/minute the year after. Meanwhile, the interconnection rate charged for inter-network calls will drop from USD0.07 currently, to USD0.05 in December, USD0.04 in 2015 and USD0.03 in 2016. Zimbabwe’s three cellular network operators – Econet Wireless, Telecel and NetOne – shared almost 15 million subscribers at the end of June 2014, according to TeleGeography’s GlobalComms Database, with Econet claiming 59% of all users.