Wednesday, December 23, 2009

Telecom War Prompts Ministry Price Floor

By Ros Sothea, VOA Khmer
Original report from Phnom Penh
22 December 2009

A telecom price war that saw rates for callers plummet amid steep competition will cease, thanks to a government-directed floor that analysts say runs counter to the ideas of a free market.
An influx of companies into the country’s nascent phone market produced deep reductions in per-minute charges in recent years, with some rates offered as zero within networks.
The new policy now will not allow competitors to charge below $0.045 per minute within a network, nor $0.0595 for cross-network calls.
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