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CAPE TOWN, Nov 12 (Reuters) - South Africa's communication minister said on Thursday agreement had been reached with mobile operators Cell C, Vodacom and MTN to cut interconnection rates to lower communication costs in the country. South African mobile phone operators charge 1.25 rand ($0.169) per minute at peak times for their mobile termination rate or interconnection fee, a charge to enable calls to be transmitted from each other's networks. "The agreed reduced mobile termination rates are the following, peak 89 cents, off-peak 77 cents," Communications Minister Siphiwe Nyanda told parliament. The communications ministry has said South Africa's interconnection rates were higher than those charged in countries like South Korea, Malaysia and India. "We have therefore agreed with Vodacom and Cell C that the effective date for reduction for them would be February 2010. This excludes MTN who wants to implement on March 1," Nyanda said. (Reporting by Wendell Roelf; Editing by Marius Bosch) (For more Reuters Africa coverage and to have your say on the top issues, visit: http://africa.reuters.com/) ($1=7.410 Rand) Keywords: SAFRICA TELECOMS/ (wendell.roelf@thomsonreuters.com; +27 82 893 6088) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.
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