lower rates from July 1?

[NFH]

Originally Posted by andy

http://eur-lex.europa.eu/LexUriServ/...10:0035:EN:PDF

7. Where maximum charges under Articles 8, 10 and 13 are denominated in currencies other than the euro, the initial limits pursuant to those Articles shall be determined in those currencies by applying the average of the reference exchange rates published on 1 March, 1 April and 1 May 2012 by the European Central Bank in the Official Journal of the European Union.

To save people searching paragraphs - that's for retail purposes. For wholesale the exchange rates are taken from the 1st May.

The pound has gradually become slightly stronger against the euro in the last few months, so a slightly higher permissible limit in pence derives from that averaging, hence 69 pence rather than that 67 on one or two networks.

The relevant EUR/GBP rates published in the EU Official Journal on 1st March, April and May were 0.84390, 0.83105 and 0.81295, so the average is 0.82930. This is the correct rate that Ofcom and the UK mobile networks are using.