South Africa's Neotel cuts call prices.

By bne IntelliNews March 1, 2011
South African fixed-line phone operator Neotel has reduced call prices to mobile phones. From March 1, Neotel subscribers will be able to call cell phones for less than a rand per minute (excluding VAT) to most cell phones, even during peak hours, the company said in a statement. Calls to MTN and Vodacom phones will now cost 95 cents (plus VAT) during peak hours, and 85 cents (plus VAT) during off-peak hours. Calls to Cell C and 8ta cost ZAR 1.20 (plus VAT) during peak hours, and 96 cents (plus VAT) during off-peak hours. The reduction came as a result of a recent regulation by the Independent Communications Authority of South Africa (ICASA), designed to reduce the mobile termination rate (MTR) for peak times, the operator said.
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