The Czech Telecommunication Office (CTU) announced yesterday that it has decided to reduce the maximum wholesale termination fees an operators can charge each other for making calls on their networks. Reuters notes that the watchdog has been gradually trimming termination rates in the country in line with EU regulatory norms, and between 2005 and 2011 has cut them by 65.3%. Under the latest cut, the wholesale termination price will reduce to CZK0.55 (USD0.027) per minute from CZK1.08 from 15 July 2012, for all new contracts (and from 15 September will be extended to include all existing contracts).
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