Vodafone 2015 Annual Report Download - page 203

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Mobile Termination Rates (‘MTRs’)
National regulators are required to take utmost account of the Commission’s existing recommendation on the regulation of xed and mobile
termination rates. This recommendation requires MTRs to be set using a long run incremental cost methodology. Over the last three years MTRs
effective for our subsidiaries were as follows:
Country by region 20131 20141201511 April 20152
Europe
Germany (€ cents) 1.84 1.79 1.72
Italy (€ cents) 1.50 0.98 0.98 0.94 (from January 2016)
UK (GB £ pence) 1.50 0.85 0.67 0.68 (from May 2015)
Spain (€ cents) 2.89 1.09 1.09 1.09
Netherlands (€ cents) 2.40 1.86 1.86 TBD
Ireland (€ cents) 2.60 2.60 2.60 TBD
Portugal (€ cents) 1.27 1.27 1.27 TBD
Romania (€ cents) 3.07 0.96 0.96 0.96
Greece (€ cents) 1.27 1.19 1.099 1.099
Czech Republic (CZK) 0.41 0.27 0.27
Hungary (HUF) 7.06 7.06 7.06 1.71
Albania (ALL) 4.57 2.66 1.48 1.48
Malta (€ cents) 2.07 2.07 0.40 0.40
Africa, Middle East and Asia Pacic
India (rupees) 0.20 0.20 0.143
Vodacom: South Africa (ZAR)40.49 0.40 0.20 0.15 (from October 2015)
Turkey (lira) 0.0258 0.0258 0.0258 0.0258
Australia (AUD cents) 4.80 3.60 3.60
Egypt (PTS/piastres) 10.00 10.00 10.00
New Zealand (NZD cents) 3.97 3.72 3.56
Safaricom: Kenya (shilling) 1.44 1.15 1.15
Ghana (peswas) 4.50 4.00 4.00 5.00
Qatar (dirhams) 16.60 16.60 16.60 9.00
Notes:
1 All MTRs are based on end of nancial year values.
2 MTRs established from 1 April 2015 are included where a glide path or a nal decision has been determined by the regulatory authority.
3 The MTR is under appeal.
4 Please see Vodacom: South Africa on page 197.
Overview Strategy review Performance Governance Financials Additional
information Vodafone Group Plc
Annual Report 2015
201