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: Quote), is set to come as Canada's federal government pushes for lower roaming rates in Canada.

(Reporting by Toronto Newsroom; Editing by Chizu Nomiyama)