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OUR sets interim termination call rates at $5

Published:Tuesday | June 5, 2012 | 5:43 PM

The Office of Utilities Regulation (OUR) has confirmed that the interim mobile termination rate will be five dollars per minute for incoming domestic and international telephone calls.

This follows the amendments to the Telecommunications Act passed in Parliament earlier this year.

The OUR says the new rate will become effective on July 15.

The new rate will mean significantly lower calling rates for customers of the two main telecommunication companies, Digicel and LIME.

The OUR says the interim rate will only remain in place until it has completed what it calls a long run incremental cost model, that will be used to determine the mobile termination rate in the long term.