Gadgets Africa
  • News
    Microsoft introduces ads to Bing AI chatbot

    Microsoft introduces ads to Bing AI chatbot

    Executives at Meta Platforms Inc are discussing a company-wide ban on political advertising in Europe.

    Meta considers ban on political ads

    Twitter unveils prices for API access

    Twitter unveils prices for API access

    Microsoft raises Bing AI chat limit to 200 daily

    Microsoft raises Bing AI chat limit to 200 daily

    Instagram introduces bookmarking feature

    Instagram introduces bookmarking feature

    Hackers target UAE users with Spanish spyware - Google

    Hackers target UAE users with Spanish spyware – Google

    EFCC detains tech firm Kloud Commerce's founder Olumide Olusanya

    EFCC detains tech firm Kloud Commerce’s founder Olumide Olusanya

    Google to launch extreme heat alerts feature

    Google to launch extreme heat alerts feature

    Musk, experts call for pause on AI development

    Musk, experts call for pause on AI development

  • Apps
  • Cryptocurrency
  • featured
  • Telecommunications
  • Gadgets
  • FinTech
  • Tech leaders
Gadgets Africa
No Result
View All Result

FG, telcos to meet over 40% tariff hike

by Agency Report
May 10, 2022
in Telecommunications
Reading Time: 2 mins read
Active mobile subscribers hit 209m - NCC

NCC

Share on FacebookShare on TwitterShare on Telegram

Telecommunication companies under the aegis of the Association of Licensed Telecoms Operators of Nigeria have said it expects to begin conversations over the state of the telecoms industry with the Federal Government through the Nigerian Communications Commission soon.

The Chairman, ALTON, Gbenga Adebayo, disclosed this on a quick call with our correspondent on Monday.

He said, “We do not give a timeline to our regulator. We would only give information as to what is the current state of affairs in the industry. And we know the regulator would either conduct a study or review the data that we provided. So, we can’t give a timeline to our regulator.

“We expect that some conversations will now commence around it.”

This is coming in response to a recent letter by the association to the NCC on the state of the telecoms industry.

In the letter, telcos proposed a 40 per cent increase in the cost of calls, SMS, and data as a result of the rising cost of running a business in the nation.

Reacting to the outrage that followed the intended hike in the cost of telecom services, the NCC said telcos could not increase costs without due regulatory approval from it.

According to the regulator, any cost determination is usually the outcome of transparent studies which are fair to enhance healthy competition among operators, provide wider choices for the subscribers, and ensure the sustainability of the telecoms industry.

The NCC stated, “However, while there could be justifiable reasons for MNOs’ demand for tariff increase, it should be noted that they are not allowed to do such either individually or collectively without recourse to NCC, following the outcome of a cost study. This is not the case for now.”

Also, while speaking on Sunrise Daily on Monday, Adebayo said the current pricing regime in the telecom industry could not sustain the industry.

He said, “We are confronted with different economic realities. And the fact remains that if you look at the economic indices, the current pricing regime is not sustainable.

“And what we have done is to approach our regulator, to present a case to them to show them where we are as an industry. We made some recommendations as to some of the things that can be done to forestall the price review.

“But certainly, considering the global energy price considering the challenges we face in our operating environment, if we are not getting any regulatory intervention, it would be a bit difficult to sustain the industry with the current pricing regime that we have.”

According to him, the telecom sector is a highly regulated industry, and any tariff hike must have the approval of the regulator.

He added that telcos could not change telecom service prices without regulatory approval.

Adebayo stated, “We must warn that there is no industry that is immune against failure. For us to avoid any catastrophic situation in our sector we are saying let’s look at the reality of our pricing, let’s look at the challenges we face. Let the government do something in order to mitigate against having this kind of explosion.”

Tags: ALTONtelecoms operators
ADVERTISEMENT

Related Posts

Elon Musk's Starlink, others take Nigerias ISP companies to 225
Telecommunications

Only 23% Africans in rural areas have internet access

by Alade Abayomi Adeleke
December 19, 2022
NCC alerts Nigerians on antivirus-crippling threat
featured

Nigeria’s active mobile subscribers hit 210m – NCC

by Joy Onuorah
December 13, 2022
Vodafone CEO steps down after drop in revenue
Telecommunications

Vodafone CEO steps down after drop in revenue

by Agency Report
December 5, 2022
Hormuud Telecom’s undersea cable to boost Somalia’s internet access
Telecommunications

Hormuud Telecom’s undersea cable to boost Somalia’s internet access

by Joy Onuorah
November 9, 2022
Next Post
Digital commerce to add $180bn to Africa’s GDP – Report

Currency risks impacting African fund managers – Report

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended.

Microsoft launches Windows 11 update

Microsoft launches Windows 11 update

September 21, 2022
Cybercrime: Kwara court orders seizure of teenage electrician’s property

Cybercrime: Kwara court orders seizure of teenage electrician’s property

June 11, 2022

Trending.

Samsung launches new Galaxy s23 series in Nigeria

Samsung launches new Galaxy s23 series in Nigeria

February 15, 2023
Meta cuts Facebook, IG creators' Reels bonus

Meta cuts Facebook, IG creators’ Reels bonus

March 10, 2023
US senator vows to ban TikTok

US senator vows to ban TikTok

January 25, 2023
WhatsApp introduces call features for Windows

WhatsApp introduces call features for Windows

March 23, 2023
Quidax lays off 20 employees after pay cuts

Quidax lays off 20 employees after pay cuts

November 25, 2022
Gadgets Africa

© 2023 Gadgets Africa.

Navigate Site

  • News
  • Apps
  • Cryptocurrency
  • featured
  • Telecommunications
  • Gadgets
  • FinTech
  • Tech leaders

Share

No Result
View All Result
  • News
  • Apps
  • Cryptocurrency
  • featured
  • Telecommunications
  • Gadgets
  • FinTech
  • Tech leaders

© 2023 Gadgets Africa.

Go to mobile version