That price cut follows the Competition Commission’s decision in December that local cellphone service providers should lower the “excessively high price of data”.
The price of 1 gigabyte of data valid for 30 days becomes 34% cheaper on April 1. It will then be R99 against the current R149.
Vodacom and the commission on Tuesday released details of an agreement between the parties according to which the service provider commits itself to “making communication more affordable”.
Further details on specific subscriber savings have not been disclosed “due to their sensitive nature”.
MTN has yet to reach a similar agreement with the commission and announce its own price cuts.
Vodacom CEO Shameel Joosub said at Tuesday’s presentation in Pretoria that the company had decided to cooperate with the Competition Commission rather than fight the proposed changes.
See the full announcement below via EWN: