Mobile Termination Rates Changes Save Companies10%, Customers Save 0%

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davemc

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In a presentation at the same hearing, Saicom, a company that provides products and services to roadside vendors who run pay phones, did the maths on some of the preliminary changes to MTRs that Icasa has already forced through. Since March, Saicom’s Howard Sackstein said, Vodacom’s costs have reduced by 10% –but the price it charges consumers hasn’t. MTN’s costs have gone down 18% (the smaller the operator, the bigger the impact) – but its prices haven’t. Noticed the pubic outcry about that, those protesting masses outside Vodacom shops? No you haven’t, because the public has failed to take notice.
Click to expand...
Because of ICASA forcing the lowering of Mobile Termination Rates (MTR), Vodacom is pocketing an extra 10% profit, and MTN is pocketing an extra 18% in this case.

Somehow, both these "customer centric" companies (if you believe their marketing) have failed to pass these savings onto their customers.

But, the plot thickens, because now Vodacom is throwing lawyers into the war to defend their right to fleece their customers.

Article : http://www.thedailymaverick.co.za/a...-us-your-lunch-money-or-eat-a-lawyer-sandwich

Not much fun for us, and none of the customers even know that this has happened.
The fleecing is only beginning!
 
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