Wind Mobile cuts roaming rates after Ottawa's price caps: report

Thu Aug 21, 2014 9:27am EDT
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TORONTO (Reuters) - Canadian telecom start-up Wind Mobile will announce new roaming rates on Thursday, reducing what it charges for voice calls and texts when customers roam outside its network, according to a report in the Globe and Mail.

The company plans to significantly cut charges for data roaming to 5 Canadian cents a megabyte, down from C$1.00 a megabyte the report said. The move by Wind, backed by Europe's Vimpelcom VIP.O, is set to come as Canada's federal government pushes for lower roaming rates in Canada.

(Reporting by Toronto Newsroom; Editing by Chizu Nomiyama)