CCK cuts call interconnection rate to Sh1.44 -
http://www.businessdaily...0/-/qaj7up/-/index.html
Quote:The Communications Commission of Kenya has cut the rate mobile phone operators charge each other for interconnecting customers by 34 per cent.
The communication regulator lowered the Mobile Termination Rate of (MTR) to Sh1.44 from the current Sh2.21 and backdated the lower July—offering relief to firms like YU and Airtel that have been pushing for lower rates. Safaricom has been against a drop in MTR.
Funny this comes out now when the other telcos have voiced their stand on not lowering prices anymore... Let's see how Mr Market reacts tomorrow.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!