NEWS

MTN, Airtel, Others Consider Data, Voice Tariff Hike

This consideration was disclosed by the Association of Licensed Telecom Operators of Nigeria (ALTON).

By Nydra Ayibapreye

Nigeria’s major telecom companies, including MTN Communications Nigeria Plc, Airtel Africa, and Globacom, are contemplating increasing tariffs for both data and voice calls.

This consideration was disclosed by the Association of Licensed Telecom Operators of Nigeria (ALTON) and the Association of Telecommunication Companies of Nigeria (ATCON) in a statement released on Thursday.

The associations pointed to the significant operational costs in Africa’s largest economy, exacerbated by inflationary pressures. Despite previous considerations for price adjustments, regulatory constraints have hindered the companies from implementing appropriate pricing changes over the past 11 years.

The associations said, “ALTON and ATCON respectfully reiterate that telecommunications infrastructure development requires substantial investments in network expansion, maintenance, and technology upgrades.

“Despite the adverse economic headwinds, the telecommunications industry remains the only industry yet to review its general service pricing framework upward in the last (11) years, primarily due to regulatory constraints.

“For a fully liberalized and deregulated sector, the current price control mechanism, which is not aligned with economic realities, threatens the industry’s sustainability and can erode investors’ confidence.

“ATCON and ALTON call upon the government to facilitate a constructive dialogue with industry stakeholders to address pricing challenges and establish a framework that balances consumers’ affordability with operators’ financial viability.”

The operators decried telecommunications industry challenges like taxation, regulations, Right of Way (RoW), charges, inadequate power supply and infrastructure vandalism, and solicited government’s intervention.

The operators said, “Telecommunications infrastructure undisputedly plays a pivotal role in Nigeria’s national security and socioeconomic growth, especially as the country currently contends with multiple security challenges that require urgent and immediate actions in response to these threats.

“Attacks on cell towers, fibre optic cables, and other critical assets disrupt telecommunications services and result in significant financial losses for operators.”

………..

Note : To submit Press Releases, Statements, and Advert Inquiries for publication on Waffi blog (website) or Television 📺, please use the following contact details: You can send an email to info@waffitv.com or reach us via Whatsapp at 07068286500

Related posts

Youth Unemployment Hit 7.2% In Q2- NBS

Waffi Tv

Over 200 Killed In Israel-Hamas Fight

Waffi Tv

Trump-Biden Rematch Looms After New Hampshire Victory

Waffi Tv

Leave a Comment