If the industry regulator accedes to telecom operator's demand for 100% increase in prices of data and voice calls, telecom subscribers in the country will pay for more telecom services.
NCC (Nigeria communications commission) complained of rising costs of production and that they could no longer carry on with current calls and data prices.
Due to rapidly declining average revenue per user for voice calls, which since 2004 has decreased from just over $15 per month per subscriber to a new low of $4 due to the current economic crisis, telcos have been finding it increasingly difficult to make ends meet.
NCC accedes to the telcos’ demand, subscribers will now pay close to N24 per minute and about N2,000 for one gigabyte of data per month, from N1000 currently being charged by most operators.
In the other hand, Chief Deolu Ogunbanjo, NATCOM's President , said the review rate was not necessary, with the present economic situation of the country that they should consider a downward review.
“I don’t think this is the right time to do any upward review. Government and its agencies, and the operators should be sensitive to the plight of the people.
“They should understand that we are just coming out of recession and subscribers shouldn’t be confronted with this again,’’ Ogunbanjo said.
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