PTA consults on new termination rates for 2017

16 Aug 2016

Icelandic telecoms regulator the Post and Telecommunication Administration (PTA) has opened a public consultation on a draft decision, which will dictate the wholesale mobile termination rates (MTRs) for all of the country’s wireless operators – Siminn, Vodafone Iceland (Fjarskipti), Nova, Alterna and re-seller 365 (previously Tal) – effective 1 January 2017. The document proposes that the wholesale rates for termination in individual mobile networks in Iceland decrease to ISK1.23 (USD0.01) excluding VAT in calendar year 2017; the current termination rate of ISK1.40 per minute will remain in effect until 31 December 2016.

In addition, the regulator is also consulting the public on maximum wholesale prices for call origination and termination in fixed telephone networks, following analyses of Market 2 and Market 3. The regulator determined that the wholesale price for call origination in fixed networks should not exceed ISK0.50 per minute, while the wholesale price for fixed call termination should be capped at ISK0.14 per minute; the current maximum rates – in effect until 31 December 2016 – are ISK0.56 (fixed call origination) and ISK0.16 (fixed call termination).

All interested parties have been given until 1 September to submit their comments on the draft decisions.