This article discusses the recognised challenges and options in developing a price index for the dynamic, business telecommunication service sector, which is driven by rapid technological change and strong market competition. The advantages and limitations of the new, unit-value methodology are discussed and the resulting series assessed against market information.
It is concluded that the new business telecommunication CSPI pricing methodology supports a more representative, flexible and homogeneous structure of services, which accommodates better the marketing patterns observed in the telecommunications sector and is suitable for future expansion.