Cellphone Companies Agree to Lower Rates

Cellphone companies, MTN South Africa and Vodacom, have agreed to lower cellphone termination rates.

In a press statement, "MTN can confirm that an agreement has been reached with Vodacom, and is pursuing bilateral negotiations with Cell C and other operators."

MTN says the bilateral negotiations took place in terms of the Independent Communications Authority of South Africa (ICASA) regulations, which had oversight over the process.

"However, it is with regret that no agreement has been reached with Cell C at this stage," explains MTN.

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