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sashimaalTop contributor
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Join date : 2014-02-28
Sri Lanka to introduce common floor rates for call charges from Feb 1
Tue Jan 19, 2016 10:07 pm
* Move to increase competition - analysts
* Small telecom operators to benefit - official (Adds details, analyst comment)
Jan 19 Sri Lanka will introduce common floor rates for call charges effective from Feb. 1 in a bid to ensure that small telecom operators remain competitive, an official with the country's telecommunications regulator said on Tuesday.
Charges on the same network will be raised by a maximum 50 percent to 1.50 rupees per minute, while those between networks will be reduced by as much as 28 percent to 1.80 rupees, Indrajith Handapangoda, acting director, competition, with the Telecommunications Regulatory Commission, told Reuters.
"Operators had requested to review the floor rate, especially the small operators having a lower market share. When this type of tariff is there, they can compete with big operators."
The move would help improve competition among telecom operators as new subscribers would have no incentives in choosing a particular network, analysts said.
Sri Lanka has five mobile telephone network operators, including listed Dialog Axiata and Mobitel Sri Lanka, the mobile arm of listed fixed line phone operator Sri Lankan Telecom.
Dialog and Mobitel account for around two-third of the mobile phone market. The other three mobile telephone network operators are Airtel, the local arm of India's biggest telecom carrier Bharti Airtel Ltd, Etisalat, a subsidiary of Dubai-based Emirates Telecommunication Corp, and Hutchison, owned by Hutchison Asia Telecom. (Reporting by Shihar Aneez and Ranga Sirilal; Editing by Subhranshu Sahu)
* Small telecom operators to benefit - official (Adds details, analyst comment)
Jan 19 Sri Lanka will introduce common floor rates for call charges effective from Feb. 1 in a bid to ensure that small telecom operators remain competitive, an official with the country's telecommunications regulator said on Tuesday.
Charges on the same network will be raised by a maximum 50 percent to 1.50 rupees per minute, while those between networks will be reduced by as much as 28 percent to 1.80 rupees, Indrajith Handapangoda, acting director, competition, with the Telecommunications Regulatory Commission, told Reuters.
"Operators had requested to review the floor rate, especially the small operators having a lower market share. When this type of tariff is there, they can compete with big operators."
The move would help improve competition among telecom operators as new subscribers would have no incentives in choosing a particular network, analysts said.
Sri Lanka has five mobile telephone network operators, including listed Dialog Axiata and Mobitel Sri Lanka, the mobile arm of listed fixed line phone operator Sri Lankan Telecom.
Dialog and Mobitel account for around two-third of the mobile phone market. The other three mobile telephone network operators are Airtel, the local arm of India's biggest telecom carrier Bharti Airtel Ltd, Etisalat, a subsidiary of Dubai-based Emirates Telecommunication Corp, and Hutchison, owned by Hutchison Asia Telecom. (Reporting by Shihar Aneez and Ranga Sirilal; Editing by Subhranshu Sahu)
- sashimaalTop contributor
- Posts : 5785
Join date : 2014-02-28
Re: Sri Lanka to introduce common floor rates for call charges from Feb 1
Tue Jan 19, 2016 10:08 pm
Good for DIAL share
chutiputhaTop contributor- Posts : 1948
Join date : 2014-11-09
Age : 37
Location : SL
Re: Sri Lanka to introduce common floor rates for call charges from Feb 1
Tue Jan 19, 2016 10:33 pm
Thank U Shashimal
Future123Active Member
- Posts : 1435
Join date : 2014-04-09
Re: Sri Lanka to introduce common floor rates for call charges from Feb 1
Tue Jan 19, 2016 10:54 pm
But the consumers would be affected. Those who pay Re. 1 per minute will be paying additional 50% extra.
What would happen to people who are having post paid packages where the contract says Re.1 to Dial to Dial?
These Yahapal buggers promised to bring the call charges down and enable people to talk more but this is a hit on poor lovers pockets.
What would happen to people who are having post paid packages where the contract says Re.1 to Dial to Dial?
These Yahapal buggers promised to bring the call charges down and enable people to talk more but this is a hit on poor lovers pockets.
HAL9000Top contributor- Posts : 1402
Join date : 2014-08-11
Location : Colombo
Re: Sri Lanka to introduce common floor rates for call charges from Feb 1
Tue Jan 19, 2016 11:01 pm
Future123 wrote:But the consumers would be affected. Those who pay Re. 1 per minute will be paying additional 50% extra.
What would happen to people who are having post paid packages where the contract says Re.1 to Dial to Dial?
These Yahapal buggers promised to bring the call charges down and enable people to talk more but this is a hit on poor lovers pockets.
http://biz.adaderana.lk/%E0%B6%85%E0%B6%A9%E0%B7%94%E0%B6%B8-%E0%B7%80%E0%B7%92%E0%B6%BA%E0%B6%AF%E0%B6%B8%E0%B6%9A%E0%B7%92%E0%B6%B1%E0%B7%8A-%E0%B6%A2%E0%B6%82%E0%B6%9C%E0%B6%B8-%E0%B6%AF%E0%B7%94%E0%B6%BB%E0%B6%9A/
Sri Lanka among the lowest call rates in the world.
- chutiputhaTop contributor
- Posts : 1948
Join date : 2014-11-09
Age : 37
Location : SL
Re: Sri Lanka to introduce common floor rates for call charges from Feb 1
Tue Jan 19, 2016 11:03 pm
Charges on the same network will be raised by a maximum 50 percent to 1.50 rupees per minute, while those between networks will be reduced by as much as 28 percent to 1.80 rupees.
HUNTERTop contributor- Posts : 1935
Join date : 2014-07-14
Re: Sri Lanka to introduce common floor rates for call charges from Feb 1
Tue Jan 19, 2016 11:33 pm
Sounds like a move with some other intentions.
The taxes also get increased proportionately (by 50%)!
The taxes also get increased proportionately (by 50%)!
- Future123Active Member
- Posts : 1435
Join date : 2014-04-09
Re: Sri Lanka to introduce common floor rates for call charges from Feb 1
Tue Jan 19, 2016 11:52 pm
HUNTER wrote:Sounds like a move with some other intentions.
The taxes also get increased proportionately (by 50%)!
The 2016 budget was utter failure and the government is desperate to get revenues from other sources mainly through indirect taxes and tariff increases.
Finally poor general public will have to bear this. During election they were against high call rates and promised that they would reduce once they come to power. They are doing completely opposite now. Same thing with NBT and VAT increase. They were against indirect taxes and now they are increasing it. The government policies are really mess. They put the left signal and turn right.
These inconsistent policies are major barriers for stock market and investments.
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