There's been a bit of a tangled web of a technical argument going on between phone regulator Ofcom and the Competition Commission, with the latter investigating the former after BT complained that Ofcom set UK connection prices too high.
The end result is this - your phone calls might be about to get 1.5p per minute cheaper, thanks to the CC agreeing that Ofcom did indeed get it a bit wrong when it capped the networks' termination fees - the prices phone companies are allowed to charge you for ringing other networks - too high.
Calls made to other networks, the cash cow of the mobile world, could therefore come down by as much as 1.5p per minute thanks to the findings, which will require all UK operators to pass on the cut should the Competition Appeals Tribunal also agree.
IN SUMMARY
Cheaper calls from 2011. That's what this story was about, if you've just skimmed it. I know it's hard paying attention to mobile industry regulation news on a Friday.
Related posts: Ofcom's UK broadband survey | EU capping roaming fees
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