The Ministry of Environment, Climate Change, and Technology have unveiled the reduced internet prices today.
In an event aired on major news networks, the Ministry said that the new prices would bring about a 30 to 28 percent price reduction to residential fixed broadband packages.
The Ministry said that the national minimum broadband speed had now been set at 2 Mbps. It also said that for fixed residential broadband packages above MVR 300, the minimum throttle speed should be set at 5 Mbps.
The Ministry noted that the minimum throttle speed for all fixed residential broadband packages should be set at 2 Mbps.
It said these changes would go into effect on July 1st.
Meanwhile, the Ministry said that a 20 percent increase in mobile broadband would be effective in July of this month and both the mobile networks would offer these increments.
