- Vodacom to Reduce Data Costs by Over 30%
Vodacom, the largest telecommunication company in South Africa, will reduce data by over 30 percent, according to South Africa’s competition regulator.
In the statement released by the regulator on Tuesday, the telecommunications giant had agreed to reduce the cost of monthly data bundles substantially.
The Competition Commission said this would be “effective from 1 April 2020, price will come down by over 30 percent across all channels.”
The commission had ordered South Africa’s largest telecom companies, Vodacom and MTN, to lower prices or face prosecution after investigations revealed that the companies charged South Africans more than they did in other markets of operation.
The commission concluded that the two giant operators were “actively engaged in exploitative price discrimination and partitioning strategies in order to push up margins and prices”.
Vodacom’s one-gigabyte monthly bundle will now drop from 149 rand to 99 rand as a result of the new agreement.
