LONDON (Dow Jones)--Ofcom, the U.K. telecoms regulator, said Thursday that consumers will next year be able to transfer their mobile number to a new provider in just one working day rather than the current two days. MAIN FACTS: -The new regulations, which will require mobile operators to make changes to their systems and processes, will come into force on April 11, 2011. -The new regulations also require the porting authorization code, or PAC, that consumers need to switch provider and keep their number to be issued either immediately over the phone or within a maximum of two hours by text message; The time and way in which PACs are issued currently varies with some PACs only issued by letter, which can take several days to arrive. -By Ian Walker, Dow Jones Newswires; 44-20-7842-9296;
[email protected] (END) Dow Jones Newswires July 08, 2010 05:41 ET (09:41 GMT)