Digicel to cut call rates
Jerome Reynolds, Staff Reporter
Telecommunications company Digicel, says it will be moving to cut call rates as the Office of Utilities Regulations prepares to set permanent termination rates.
New CEO Barry O'Brien, who made the announcement at a press conference this afternoon, said the company is now crunching the numbers.
While not saying how much the decrease would be, O'Brien said the cut will be significant.
Following amendments to the telecoms act last year the rates were brought down to $5 per minute.
O'Brien said the company will be launching fixed line service in the next two months.
The company will use wireless technology to drive this service.
He revealed that the company will be investing an additional $3 billion to expand its 4G service.
He said the company took this decision with plans on stream by the government to introduce number portability in 2014.
There are 300,000 fixed line customers in the market.
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