Papua New Guinea-based operator Telikom PNG has reportedly cut the retail costs of its broadband services by more than 50%, according to Papua New Guinea Today. The local news source cites the telco’s marketing and business development division manager, Xavier Victor, as saying that the price reductions had been made in response to the market’s requests, with the executive noting: ‘Last April, we reduced wholesale internet rate by 47%, which was welcomed by most internet service providers … This year is a reduction for retailing by more than 50% … We reduce internet prices responding to what the market is asking. On the eve of the Pacific Games, the new rates will no doubt be very attractive to all our customers.’ Meanwhile, Victor also said that Telikom had invested in new technology to improve its efficiency and increase capacity for internet to be available across the country. As an example of the pricing changes, it was noted that a post-paid plan offering a 1GB monthly data allowance will now cost PGK49 (USD17.7) per month, down from the previous PGK110 charge.