MTN disagrees with SA regulator's recommendations on data costs | IOL Business Report

  • 📰 IOL
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

MTN disagrees with SA regulator's recommendations on data costs

JOHANNESBURG - South African telecoms group MTN said on Wednesday it disagreed with the analysis and recommendations of the Competition Commission after the regulator instructed MTN and rival Vodacom to lower data prices.

“As we study the full report, will continue to engage constructively and vigorously defend against over-broad and intrusive recommendations,” it said in a statement. The country’s competition watchdog said on Monday Vodacom and MTN could face prosecution if they do not agree to cut data prices in the next two months.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

They had no shame

And as I said, this is all about votes.

Although I would appreciated lowerd data costs, it concerns me that a regulator can intervere with the business model & costing of an enterprise. What next? Telling insurers to make less profit and provide more cover? Can't work.

Yet they adjusted down data cost in Ghana.

Kwasuka lokho 🤦🏾‍♂️

Because they want maximum profits they are used to. Should the have said the prices are too low, would have had increased the prices already by now 🤔🤔🤔

Of course they would. They are making the poor poorer. Typical capitalist attitude. By the way I am also a capitalist but retired from the rat race. I see things from a totally different perspective now.

🙄🙄we knew they will fight this

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 46. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Competition Commission instructs MTN, Vodacom to cease anti-poor pricing or else | IOL Business ReportMobile operators must reach agreement with the commission within three months to offer all prepaid subscribers a lifeline package of daily free data.
Source: IOL - 🏆 46. / 51 Read more »

SA growth dips as construction industry fails to pull out of recession | IOL Business ReportThe country’s mining, manufacturing, and transport sectors were the biggest drags on growth in GDP, the national statistics agency said. busrep
Source: IOL - 🏆 46. / 51 Read more »