TEO Will Be Able to More Flexibly Respond to Market Situation
OREANDA-NEWS. August 06, 2014. The Communications Regulatory Authority (CRA) of the Republic of Lithuania has withdrawn certain restrictions on the provision of call transit services that were imposed on TEO.
Until now, these restrictions were applied on the call transit services provided by TEO to Lithuanian and foreign operators.
CRA found that there were neither any competitive constrains nor any single operator having significant market power present in the market of call transit services. CRA made the decision after conducting the analysis of the markets of national and international call transit services.
"This means that TEO will have more flexibility in responding to the market situation and will be able to work more effectively with other operators in the market. As a result of the reduction of the administrative requirements, we will be able to more quickly respond to the market conditions and to make more attractive offers", – Aleksandras Samuchovas, Head of Business to Business at TEO, said.
CRA has withdrawn certain obligations of price control, accounting separation, provision of access, non-discrimination and transparency related to the provision of call transit services that were imposed on TEO according to the rules established by CRA.
From 1 January 2014, CRA also withdrew the obligations and related requirements imposed on TEO when providing the services of fixed-line national and international calls to residential customers and businesses.
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