CA cuts mobile call rates - Capital Business
Connect with us

Hi, what are you looking for?

COURTESY

Kenya

CA cuts mobile call rates

NAIROBI, Kenya, Nov 18 – The Communications Authority of Kenya has announced a reduction in charges of mobile call rates from March next year.

In a statement, the authority urged telco providers to review the current Sh0.58 per minute down rate to Sh0.41 per minute.

In the latest review, the Authority has capped the MTRs and FTRs at KES 0.41 per minute with effect from 1st March 2024.

“The current SMS termination rate of 0.05 per SMS remains unchanged,” the authority indicated.

It stated that the move which was meant to cushion Kenyans from the rising cost of living came after a reduction in Mobile Termination Rates and Fixed Termination Rates.

“The new rate is informed by the prevailing economic environment, ICT market dynamics and the need to strike a balance between the promotion of investment and the protection of consumers. Lower MTRs and FTRs mean lower calling rates for consumers,” it pointed out.

It pointed out that “this decision will have positive outcomes for both the consumers and operators. Consumers will now enjoy access to a variety of affordable services across networks while operators will have more price flexibility in developing more affordable products.”

The Authority noted that the new rates will apply for a period of two years.

Mobile operators have therefore been urged to align with the new directive and submit a report by February next year.

Visited 15 times, 1 visit(s) today

More on Capital Business

Kenya

Presenting the 2026/27 Budget in Parliament, Treasury Cabinet Secretary John Mbadi said higher energy prices triggered by the conflict involving Iran, Israel and the...

Kenya

The central bank expects inflation to remain within the target range in the coming months, supported by government measures such as temporary fuel tax...

Banks

Returns on member deposits were reduced from 9 percent to 4.5 percent, while dividends on share capital were cut from 11 percent to 5.5...

Kenya

The President says salaried workers will now pay 5 percent of the unit’s value, down from the previous 10 percent.

Kenya

The project, implemented in partnership with TradeMark Africa and supported by the Swedish Government, is designed to curb frequent power outages that have disrupted...

Kenya

The IMF attributes the revised outlook to expected inflationary pressures, higher fuel costs, weakening tourism performance, and rising input costs such as fertiliser.

World

The White House is asking Congress to boost the US defence budget to $1.5tn, a sweeping rise that would mark the largest expansion in...

World

Excise duty for petrol and diesel was slashed by 10 Indian Rupees (nearly 11 U.S. cents) per liter each, thus bringing them down to...