Muscat: The Telecommunications Regulatory Authority (TRA) has issued a new bylaw on price control, titled "Retail Tariff Regulation," which replaces the previous regulation enacted under Decision No. 27/2016. This development marks a significant shift in the regulatory landscape for telecommunications services in the region. According to Oman News Agency, the newly introduced bylaw encompasses a range of regulatory provisions. These include general guidelines on retail tariffs for telecommunications services as well as special provisions directed towards tenders offered to commercial beneficiaries and government institutions. Additionally, the bylaw includes measures for monitoring pricing practices to prevent them from exceeding established levels. The regulation is applicable to all licensees providing public telecommunications services in retail markets. It aims to align with regional and international advancements within the telecommunications sector. A key objective of the bylaw is to promote fair comp etition and ensure transparency in the retail telecommunications services market while safeguarding the rights and options available to consumers. By implementing this regulation, the TRA seeks to foster an environment of fair competition and transparency, ensuring that consumers have access to a variety of choices and that their rights are protected. The move highlights the authority's commitment to adapting to changes in the telecommunications industry and maintaining a robust regulatory framework.
Related Articles
Gold Hits Record High of $3,842.76 Per Ounce
Muscat: Gold prices rose further to hit a fresh high today and were poised for their best month in 14 years, as fears of a potential US government shutdown and growing expectations of further US interest rate cuts boosted demand for the safe-haven met…
President of Iran Concludes Official Visit to Oman
Muscat: President Dr. Masoud Pezeshkian of the Islamic Republic of Iran and his accompanying delegation have departed from the Sultanate of Oman following a two-day official visit.
According to Oman News Agency, the farewell ceremony at the Royal Ai…
Oil Falls as Investors Await Potential US-Iran Talks
Muscat: Oil prices fell today as investors awaited the outcome of potential talks between the United States and Iran, after the two sides exchanged missile strikes over the weekend in a test of a fragile ceasefire aimed at ending their four-month conf…
