Peruvian telecommunications regulator Osiptel has reduced the price cap for fixed-to-mobile calls by nearly 58 percent to PEN 0.30 per minute (VAT included).

The proposal applies to Telefonica as dominant operator on the Peruvian fixed telephony market. According to regulator data, Telefonica del Peru currently holds 73 percent of the domestic fixed-line market. The reduced tariff will be applied starting 30 December, for all calls made by Telefonica del Peru fixed-line voice subscribers to national mobile numbers. This tariff has not been regulated up to now and reached PEN 0.72 per minute.