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VIVHY Vivendi SE (PK)

11.95
-0.05 (-0.42%)
Last Updated: 18:48:08
Delayed by 15 minutes
Name Symbol Market Type
Vivendi SE (PK) USOTC:VIVHY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.05 -0.42% 11.95 11.94 11.97 12.002 11.94 12.00 4,684 18:48:08

French Regulator ARCEP:3 Steps To Lower Call Termination Rates

06/05/2011 7:17pm

Dow Jones News


Vivendi (PK) (USOTC:VIVHY)
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Arcep, the French telecoms regulator, Friday published mobile phone call termination rates for 2011-2013, for Orange, a unit of France Telecom (FTE), Vivendi's (VIV.FR) SFR, and Bouygues Telecom, a unit of Bouygues SA (EN.FR), setting out a transition towards lower prices.

MAIN FACTS:

- Arcep said there will be three phases:-

A first fall, to a maximum level of EUR0.02/minute, coming in on July 1 2011 for six months.

A second fall, to a maximum level of EUR0.015/minute, coming in on Jan. 1 2012, for six months.

A third phase to a maximum level of EUR0.01/minute, coming in on July 1 2012, for six months

.

- "These three phasses will notably allow operators to adapt to the target level of EUR0.08, applicable from Jan. 1 2013," Arcep said.

-.

- By Paris Bureau, Dow Jones Newswires; +331-4017-1740; adam.mitchell@dowjones.com

 
 

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