Czech regulator pushes Vodafone, O2 to cut LTE prices

The Czech telecommunications regulator CTU has warned operators Vodafone and O2 to cut wholesale prices for mobile internet services charged to virtual operators or risk losing their license. The regulator said a condition of the auction at which they acquired the licenses was to set wholesale prices that would allow virtual operators to operate profitably. CTU has given Vodafone and O2 a month in which to comply before it starts proceedings to strip them of their licenses.