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CITC’s Decree On Applying The Price Caps Regulation Method On STC

  • Decision-Subject
    Decision SubjectCITC’s Decree On Applying The Price Caps Regulation Method On STC
  • Decision-Number
    Decision Number43/1425
  • Publish-date
    Decision Date26/05/2004
Decision Overview

Article One:
Approval to apply the Price Caps Regulation Method on Saudi Telecommunications Company in accordance with the principles and procedures shown in "Price Caps Regulation Rules" Document attached with this Decision.
Article Two:
The Saudi Telecommunications Company shall be mandated to provide detailed proposals for the Tariff in accordance with the dates determined in the Price Caps Regulation Rules Document for communications services provided in anon-competitive market pursuant to the Guidelines detailed in these Rules to be effective as of 01 July 2005.
Article Three:
The Saudi Telecommunications Company shall be mandated to provide its proposals to reduce the Fees for the services provided by the Company in accordance with what was stated in Clauses (1/A,B) of the Fifth Item of the" Price Caps Regulation Rules" Document attached with this Decision in a period not to exceed24/41425H corresponding to12/6/2004 in preparation for review by the Commission and issue the suitable Decision and instructing the Company to apply them.
Article Four:
This Decision shall be communicated to Saudi Telecommunications Company and the concerned parties to act accordingly as of the date of its issuance.