Kenyan mobile phone users are set to enjoy lower calling rates following the ICT regulator's review of Mobile Termination Rates (MTRs) and Fixed Termination Rates (FTRS).
In the latest review, the Communications Authority capped the MTRS and FTRs at KES. 0.41 per minute.
The current SMS termination rate of 0.05 per SMS would remain unchanged.
The CA defines MTRS and FTRS as the costs that operators charge each other to allow customers to communicate across networks.
Currently, all the telecommunications service providers have been implementing an MTR and FTR of KES 0.58 per minute.
The new rates would apply to only local voice traffic; meaning calls originating and terminating within Kenya.
In a statement, the CA said the charges were arrived at in the face of the tough economic times and other factors.
"The new rate is informed by the prevailing economic environment, ICT market dynamics and the need to strike a balance between the promotion of investment and the protection of consumers. Lower MTRS and FTRS mean lower calling rates for consumers," said CA.
With the revision, mobile phone users would enjoy access to a variety of affordable services across networks,
At the same time, operators would have more price flexibility in developing more affordable products.
Ahead of the new rates taking effect, all operators are required to vary their Interconnection Agreements.
The rates which are slated to be actualised as of March 2024 will be in effect for two years.