The cost of mobile phone calls could come down by as much as 70 per cent within three years if Brussels’ plans for swingeing cuts to the prices mobile operators charge each other go ahead.

The public consultation laun-ched by the European Commission yesterday looking at “termination rates” – the fee that mobile networks levy for putting calls through to their customers from other networks – will run until September.

To read more of this story from The Independent, see www.independent.co.uk/news/business/analysis-and-features/mobile-giants-16380bn-nuisance-call-855442.html.