Norway’s National Communications Authority (Nasjonal kommunikasjonsmyndighet, Nkom) has announced that it will now use the EC’s method for calculating interest with regards to regulated prices in the country’s communications markets.
In a press release Nkom said that following EU harmonisation it has adopted a new common weighted average cost of capital (WACC) of 5.33% for both fixed and mobile networks, with this replacing previous interest rates of 8.3% and 9.1% for regulated prices in the fixed and mobile sectors, respectively.
According to Nkom, the new interest charge is in line with the EC’s guidelines from 6 November 2019, which are intended to ensure that WACC is calculated in a consistent manner across the various European Economic Area (EEA) countries.