The New Zealand government will regulate mobile termination rates. The ICT minister Steven Joyce has accepted a Commerce Commission recommendation to regulate mobile termination rates. The next step is to add mobile termination access services to schedule 1 of the Telecommunications Act by regulation. The Commerce Commission will then go through a process to set prices and other terms which mobile carriers must offer. This process will likely take a “few months”, the minister said. The Commerce Commission provided its recommendation to the minister in May. This was a second report, after the Commission was asked to reconsider its original recommendation that the minister accept undertakings from Telecom and Vodafone. In April, the Commission informed the minister that a new retail offer launched by Vodafone had the potential to affect the basis for its recommendation. The minister then asked the Commission to reconsider its advice and the regulator then changed its recommendation to regulate the mobile termination rates.