February 14, 2014 / 12:10 PM / 3 years ago

MTN says has taken South African regulator to court over rate cuts

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JOHANNESBURG, Feb 14 (Reuters) - MTN Group said it had asked a South African court on Friday to review the telecoms industry regulator's decision to slash telephone connection rates that the sector says will cost it millions of dollars.

The Independent Communications Authority of South Africa (ICASA) said last month that it would halve the rate a company can charge rivals for using its mobile network to 20 South African cents per minute per call starting March 1. (Reporting by Helen Nyambura-Mwaura; Editing by Ed Stoddard)

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