Vodacom moves first on data prices
It is the first network operator to slash the prices of data bundles after pressure from the competition watchdog
Vodacom will introduce price reductions across all its monthly data bundles.It will provide free access to basic internet access and essential services, and make prices cheaper for the poorest communities.SA’s largest mobile operator, with 44-million subscribers, this week reached an agreement with the Competition Commission to reduce its mobile data prices across the board by as much as 40%.Commissioner Tembinkosi Bonakele and Vodacom group CEO Shameel Joosub signed the agreement at a briefing in Pretoria.The agreement comes after a two-year investigation. Late last year the competition watchdog demanded that the two dominant mobile operators, Vodacom and MTN, slash internet connectivity prices by 30%-50% or face prosecution.Rather than fight the commission’s recommendations, Joosub tells the FM, Vodacom chose to be proactive by presenting a plan and reaching an agreement with the authority.He says the price reductions will result in R2.7bn in additional savings for customers, acco...
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