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Affiliation of Licensed Telecommunications Operators of Nigeria (ALTON) has disclosed that the rising price of operation within the nation prompted its request for an increment in the price of providers supplied by it’s members.
This was made recognized by the Head of Operations, ALTON, Mr. Gbolahan Awonuga, in an unique interview with Nairametrics on Wednesday.
The request, which was made to the Nigerian Communications Fee (NCC) by ALTON, if granted, will result in a few 40% improve in the price of calls, information, and SMS.
What the telcos are saying
- The umbrella physique of the telecoms operators within the letter urged the telecoms regulator to undertake a overview of the telecoms service tariff to mirror the current financial actuality simply because it was just lately carried out within the energy sector.
- The telcos stated: “Given the state of the economic system and the circa 40% improve in the price of doing enterprise, we want to request for an interim administrative overview of the cell (voice) termination charge for voice; administrative information ground value, and value of SMS as mirrored in extant devices.
- “With respect to voice an SMS price, ALTON respectfully requests the fee to think about a mark-up method to handle the upward value adjustment fascinating for the trade. Now we have enclosed herein and marked as ‘Annexure 1’our proposal in that regard.
- “For information providers, we want to request that the fee implements the suggestions within the August 2020 KPMG report on the willpower of cost-based pricing for wholesale and retail broadband service in Nigeria. Excerpts from the report, are connected and marked ‘Annexure 2’ to offer an additional illustration,” it added.
What you must know
Awonuga defined that the letter was submitted to NCC final week and the regulator’s response remains to be being anticipated. A supply on the NCC additionally confirmed that the letter has been obtained and it’s being reviewed for a call.
Within the letter, the telecom corporations stated there had been a 40% improve in the price of doing enterprise within the nation. In line with them, the telecommunication trade has been financially impacted following the nation’s financial recession in 2020 and the impact of the continued Ukraine/Russia disaster. They stated this had resulted in a rise in power prices, growing their working bills by 35%.
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