www.WirelessFederation.com/news: Commerce Commission received proposals from Vodafone New Zealand and Telecom NZ on lower mobile termination rates. Since late 2008, the commission has been looking at whether to regulate the tariffs and the entry of a third operator on the market, 2degrees.

Telecom’s proposal will experience a drop of 12 cents of minutes in rate until the end of 2010 and the per-second billing introduced form 1 April 2010. By 2012, the rate will come down to 10 cents in 2011, 9 cents in 2010, 8 cents in 2013 and 6 cents in 2014.

Vodafone will try the same price cuts but from October 2010 as under the current proposal, Vodafone risks of losing around NZD 50 million in revenues. The Commerce Commission will make the recommendations to the ICT ministry in February.