MTN to drop data prices
MTN's chief executive Rob Shuter recently announced that the telecom will soon make an announcement on data price cuts.
This comes after a lengthy inquiry with the Competition Commission which took place for two years since 2017, but the commission has since reached an agreement with Vodacom to reduce mobile data prices by over 30% across all monthly data bundles for contract and prepaid customers.
Shuter said in a statement: “We are trying to find the right balance between addressing their concerns, giving more value, while making sure that our business is sustainable."
“I think our position right from the start has been that we don’t necessarily agree with the report’s recommendations” but MTN is “an organisation that is committed to dialogue. We are very close to finding each other. We expect to make an announcement shortly.”
Shuter added that the company is also in need of more spectrum in order to accommodate new users because MTN South Africa has less spectrum any of the other 21 other countries that it operates in.
“It is complex to implement this commercial strategy as we do not have the have the spectrum to carry the extra traffic,” he said in an interview with Business Day.
Written by: Gabriella Steyn.