Bulgaria's Commission for Communications Regulation, KRS, is preparing a plan to gradually reduce prices of cell phone and landline calls.

The news was reported for the Bulgarian daily Dnevnik by the KRS Head, Veselin Bozhkov.

The regulations involve only fees paid among the three operators – M-Tel, Globul and Vivacom, for calls between their networks known as termination, however, lower prices for the latter would also mean lower prices for the end consumer.

Bozhkov explains theCommunications Commission is working on a market analysis and will notify the European Commission about the outcome in September or October.

The statements come in connection of a Tuesday EurActive publication that the EC has threatened Bulgaria with sanctions over the inflated prices mobile operators charge clients here, the highest across the bloc.

"The Commission is about to issue recommendations which the Bulgarian regulatory authority CRC will be "obliged to take into utmost account", Digital Agenda Commissioner Nellie Kroes had said, as cited by EurActive.

Bozhkov discarded the report Wednesday, saying his institution has great work relations with Kroes.