4.5. Analysed retail offers

In respect of the obligations to which the companies of Grupo PT are subject in narrowband retail markets, as undertakings with SMP in these markets, ICP-ANACOM continued regular oversight to ensure that the retail offers of the FTS remain compliant with the obligations applicable in terms of transparency, non discrimination and cost orientation of prices.

Following the alteration to the base tariff of the telephone service at a fixed location within the scope of the Universal Service, on 18 November 2011, PTC presented a proposal to ICP-ANACOM for the tariff applying to communications to direct customers of other service providers (PTC-OSP), which is due to enter into force on 1 January 2012 (inter-network tariff).

The presented proposal comprises two separate tariffs (one applying to operators whose average termination prices are close to the average price of termination on PT's networks –tariff Group 1, and a second tariff applying to the remaining operators – tariff Group 2. The proposal was made subject to analysis, and, as a result of this analysis, ICP-ANACOM was able to conclude that it was in compliance with the regulatory principles in force, particularly with regard to the obligations to which PTC was made subject under determination of 14 December 2004. ICP-ANACOM's decision of 24 November 2011 noted in particular that, since it was identical to the tariff charged by PTC for intra-network calls, the proposal for tariff Group 1 was in compliance with applicable obligations. Regarding tariff Group 2, it was found that the average price per call resulting from the PTC proposal did not present deviations from the price as would result from the application of the defined rule, and was even slightly lower.

PTC's proposal is based on an increase in the price of communications during peak hours for tariff Group 2, from 0.0351 to 0.0371 euros per minute, representing a one-off increase of around 5.7 percent. With respect to tariff Group 1, an alteration was proposed, equating it to the base residential tariff applicable in 2012. This alteration is based on an increase in the price of communications during peak hours from 0.0258 to 0.0277 euros per minute, representing a one-off increase of around 5.0 percent. The price proposal presented by PTC is detailed in the following tables.

Source: PTC. Values excluding VAT. 

Source: PTC. Values excluding VAT. 

The proposal submitted by PTC was analyzed based on the methodology defined in the determination of 14 December 2004 on the imposition of obligations in the narrowband retail markets, which is currently based on the valuation of the components:

(i) price of termination on the PTC network;

(ii) Price of termination on OSP networks; and

(iii) PTC intra-network retail price;

according to the following rule:

PTC-OSP retail price=PTC-PTC retail price OSP termination price-PTC termination price

with each component of the indicated calculation referring to the average price, per call, in terms of overall PTC-OSP traffic.