UPDATE 1-South Africa regulator tells Vodacom, MTN to lower data prices

South Africa’s Vodacom Group and MTN Group could face prosecution if they do not agree with the Competition Commission in the next two months to lower data prices, the watchdog said in findings from an inquiry published on Monday. The data services inquiry was launched in August 2017 in response to a request from the minister of economic Development and after complaints from consumers about high data costs. In its final report, the Commission recommended that the two mobile operators must independently reach agreement with the competition watchdog on substantial reductions on tariff levels, especially prepaid monthly bundles, …read more

Source:: Yahoo Finance

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