Du said that it expects rates to fall as competition improves in the UAE.
Published Wednesday, 30 May 2012
By Shane McGinley
UAE telco du said competition with larger rival Etisalat will lead to a gradual decline in the cost of mobile-phone services in the emirates, CEO Osman Sultan was quoted as saying by Arabic language paper Alrroya.
Market leader Etisalat has already begun to cut services and earlier this month announced it was to slash the price of its broadband packages by 50%, while also reducing the cost of calls to India and the Philippines by up to 30%.
The price of the Abu Dhabi-based operator's 1mbps internet package will be reduced from AED259 ($70.5) per month to AED189 ($51.45).