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MTN calls for scrapping of new S.African price cuts-regulator
February 11, 2014 / 11:50 AM / 4 years ago

MTN calls for scrapping of new S.African price cuts-regulator

CAPE TOWN, Feb 11 (Reuters) - South Africa’s telecom regulator said it had received an official request from mobile operator MTN Group requesting that planned regulatory price cuts be scrapped, a senior official said on Tuesday .

Africa’s largest economy has moved to drastically slash communication costs to improve competition, a move opposed by mobile operators who argue it will hurt their profits. (Reporting by Wendell Roelf; editing by David Dolan)

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