CMT releases proposal for the reduction of MTRs (Spain)

www.WirelessFederation.com/news: The Telecommunications Market Commission (CMT), telecoms regulator of Spain has released its proposals for the continued reduction of mobile termination rates (MTRs), media reports. The CMT is proposing that MTRs for all four network operators, including relatively new entrant Xfera Moviles (Yoigo), will be slashed to EUR0.04 (USD0.06) by October 2011.

The regulator has said that the rate will be reduced gradually over a two-year period, with the first reduction expected in October 2009; Telefonica Moviles Espana (Movistar), Vodafone Spain and Orange Espana will initially drop their rates by EUR0.0075 while Yoigo would face a reduction of between EUR0.015 and EUR0.012.

CMT Chairman Reinaldo Rodriguez, has stated though that he believes there is still room to lower prices in the coming years. The operators have been given opportunity to have their say on the proposals before the final ruling is made by the regulator.