South Africa: MTN To Slash Data Prices By 50% From Mid-April
MTN has announced that it will cut data prices for its 30-day bundles in South Africa by up to 50% starting from mid-April.
The CEO of MTN SA, Godfrey Motsa said that the cost of a 1GB monthly data bundle, which was the subject of much scrutiny by Competition Commission authorities, will drop from $8.40 (R149) to $5.58 (R99).
MTN added that it would provide each of its subscribers with 20MB of free data daily through its instant messaging platform, Ayoba. Currently, the platform has approximately 500,000 customers in South Africa.
After two years of investigating, the Competition Commission published its data services market inquiry report in December 2019. The report said that Vodacom and MTN had to independently reduce data prices within two months of the release date of the report.
The Commission said that there was scope for price reductions of between 30% and 50%.
Two weeks ago, Vodacom became the first major operator in South Africa to introduce price reductions across all of its monthly data bundles.
Credit: This article originated from www.businesslive.co.za