Ofcom orders Mobile Networks to Cut Charges

Mobile phone companies face a new threat as they were ordered by the communications watchdog ‘Ofcom’ to slash their charges for connecting calls from rival networks and landlines. The move is expected to cost the telecom industry a huge amount as Ofcom attempts to bring down the connecting charges by 80% in four years. All mobile operators currently charge 4.18p per minute to connect calls from other phone companies. But this will be reduced to 2.66p next month and will fall to 0.69p by April 2014 – although the figure is not as low as Ofcom originally proposed a year ago.

Source: independent.co.uk