Anorak News | Ofcom Cuts Phone Bills

Ofcom Cuts Phone Bills

by | 28th, March 2007

banksy-telephone-booth.jpgOFCOM have decided to cut the cost of calling mobiles, says the Times.

The communications regulator will impose the price cuts until 2011, with the average home phone bills likely to fall by about £8 a year.

Still, anything that gets the big boys to cough up just a little more is worth celebrating, although mobile phone operator 3 are apparently pondering a challenge to the ruling.

Overall, Ofcom puts the consumer savings at between £400 and £500 million a year for the next four years (don’t get too excited, it’s still only £8 a year on a typical home home bill) although mobile phone customers won’t gain at all as any savings will be offset by price increases elsewhere.

Posted: 28th, March 2007 | In: Money Comments (2) | TrackBack | Permalink