Ofcom Proposes Lowering Termination Rate Cap, Deregulating Call Origination
13 August 2020 - 8:04PM
Dow Jones News
By Jaime Llinares Taboada
U.K. communications regulator Ofcom on Thursday proposed cutting
the cap on termination rates for calls to mobiles by 17% and
deregulating call origination services for the April 2021-March
2026 period.
The watchdog said it is proposing a cap of 0.389 pence per
minute for calls to mobiles, down from the current 0.468 pence cap,
for calls to mobiles over the period. The termination rate is paid
by the caller's network provider to the recipient's company for
connecting the call.
As for the cap on calls to landlines, Ofcom proposed keeping it
at 0.0292 pence per minute.
Ofcom also proposed deregulating a service called wholesale call
origination, so that phone companies would no longer need to
purchase it from BT Group PLC.
At 0919 GMT, shares of BT were down 1.25 pence, or 1.1%, at
108.95 pence.
The consultation on these proposals closes on Oct. 7.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com;
@JaimeLlinaresT
(END) Dow Jones Newswires
August 13, 2020 05:49 ET (09:49 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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