CNMC confirms plans to slash MTRs by 40% by 2020

31 Jan 2018

Spain’s National Commission for Markets and Competition (Comision Nacional de los Mercados y la Competencia, CNMC) has confirmed that mobile termination rates (MTRs) will be cut from EUR0.0109 (USD0.0130) per minute to EUR0.0064 per minute by 1 January 2020. The current MTR has been in place since 1 July 2013.

As per the glide path set out by the regulator, MTRs will decrease to EUR0.0070 on 1 February 2018 – equivalent to an immediate reduction of 36%, before dropping to EUR0.0067 on 1 January 2019, and then EUR0.0064 on 1 January 2020.

The CNMC notes that MTRs in Spain will be among the lowest in the EU, which it says presents an average price of around EUR0.0088 per minute. Over the last decade, the price of mobile voice calls in Spain has dropped by about 80%, the watchdog adds.