Carriers slash mobile termination rates in Ireland

Ireland's three GSM network operators, Vodafone, O2 and Meteor have agreed to reduce prices that they charge for mobile termination rates and have committed to a further reduction a year from now.

A statement from the telecoms regulator, ComReg said that it welcomes this step by these Mobile operators. These reductions to wholesale prices have already led to announcements by the fixed line operators of reductions in prices for calls to mobiles, the statement said.

These reductions will benefit consumers and ensure that Ireland's mobile termination rates remain amongst the lowest in Europe.

Last year, ComReg imposed a price control obligation on Vodafone, O2 and Meteor.

In that ComReg stated that current MTRs were unlikely to reflect an efficient charge level. In addition to the price control obligation, ComReg imposed on Vodafone and O2 the requirement to produce regulatory separated accounts with respect to mobile call termination.