The fee payable by the service provider of the party initiating the call to the provider servicing the call recipient will drop to HUF 1.71 per minute from HUF 7.06 at present.

Termination fees in Hungary will be the second lowest in the Europen Union as a result of the cut, Karas said.

The cut will not have any direct bearing on retail prices, but it is expected to generate competition that could lead to lower prices, said regulation director Nándor Beke.

Source www.hungarymatters.hu

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