O2 to slash roaming fees 'soon'

UK mobile operator O2 plans to unveil cuts in the fees it charges customers when they make calls from outside their home countries, following announcements along similar lines from rivals, a Dow Jones report said.

"We're putting the final touches on the plan," a spokesman for O2 was quoted as saying.

The spokesman said the cuts on so-called roaming charges should be unveiled within the next few weeks, according to the report.

He declined to provide an estimate for the reduction, however, noting that the company already said last year that it would lower the charges when it announced its acquisition by Telefonica, the report said.

The spokesman also declined to say whether or not the cuts would be limited to users in Europe, the report further said.