Business / Companies
Econet refuses to slash voice tariffs
30 Dec 2014 at 10:39hrs | Views
Mobile operators, NetOne and Telecel have moved in to comply with the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ)'s directive to slash voice tariffs from 23 cents to 15 cents per minute, but Econet remains defiant.
With effect from the 1st of January 2015, subscribers will be charged new voice and data tariffs as the country's two mobile operators move in to comply with the regulatory authority's directive issued on the 16th of October 2014.
According to the two firms, the new tariffs are being introduced as part of the agreed Long Run Incremental Cost (LRIC) model that POTRAZ crafted over.
The model takes into consideration savings on network infrastructure investment that the operators are set to gain from a new infrastructure sharing strategy.
Econet Wireless Zimbabwe is however still to comply with the policy directive and is currently challenging the decision.
The reduction has been effected by POTRAZ as a response to an outcry from customers who feel the tariffs are too high.
The 23 cents per minute tariffs have essentially been the same since about 2009.
With effect from the 1st of January 2015, subscribers will be charged new voice and data tariffs as the country's two mobile operators move in to comply with the regulatory authority's directive issued on the 16th of October 2014.
According to the two firms, the new tariffs are being introduced as part of the agreed Long Run Incremental Cost (LRIC) model that POTRAZ crafted over.
Econet Wireless Zimbabwe is however still to comply with the policy directive and is currently challenging the decision.
The reduction has been effected by POTRAZ as a response to an outcry from customers who feel the tariffs are too high.
The 23 cents per minute tariffs have essentially been the same since about 2009.
Source - ZBC
