GSM Telcos Proposes 40% Hike In Cost For Calls, SMS And Data Plans

naijanews's logo

Naijanews May 4, 2022 7 p.m.

GSM Telcos Proposes 40% Hike In Cost For Calls, SMS And Data Plans

Excerpts from the report, are attached and marked ‘Annexure 2’ to provide a further illustration.” The firms reiterated that to survive the current economic hullabaloo, the commission should explore and provide other means of penalizing operators rather than punitive monetary sanctions; extend the payment timeline of relevant regulatory levies and fees; prevail on the Federal Government to sign the executive order declaring telecoms infrastructure as a critical national infrastructure to mitigate cost spent replacing damaged and stolen infrastructures, among other things.

Given the state of the economy and the circa 40 per cent increase in the cost of doing business, we wish to request for an interim administrative review of the mobile (voice) termination rate for voice; administrative data floor price, and cost of SMS as reflected in extant instruments.

They further requested an upward adjustment of the MTR by 40 per cent, noting specifically that “For large operators, new interim MTR of N5.46 from N3.90 reflecting 40 per cent increase in the cost of business.

The letter read in part, “As the commission may be aware, the power sector under the supervision of its Nigerian Electricity Regulatory Commission of the power sector in November 2020 undertook a review of electricity tariffs to cater for the economic headwinds reported above..

Read Full Story

Weather Report

2.45

weather-icon

Saturday, April 20

Stay pulsed! Stay informed!