EU sees big savings after price cap on cellphone roaming rates
Cellphone bills in Europe have been cut by as much as 60 percent since the European Union placed a cap on roaming charges over the summer, the European Commission said Thursday, but regulators plan to check on a few operators that have not adhered to the new standards. The European Union set a price ceiling of 49 euro cents, or 69 U.S. cents, per minute for making a cellphone call when abroad and 24 cents for receiving one, plus tax, saying that operators were reaping massive profits from unjustifiably high roaming charges.
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