• Latest
  • Trending
Telcos propose 100% hike in call and data rates, await NCC approval

Telcos propose 100% hike in call and data rates, await NCC approval

January 3, 2025
GPayments integrates fraud-prevention solutions on Apaya’s platform

GPayments integrates fraud-prevention solutions on Apaya’s platform

September 27, 2025
Trump gives go-ahead for TikTok’s sale

Trump gives go-ahead for TikTok’s sale

September 27, 2025
After FairWinds’ acquisition, Com Laude is set to acquire MarkMonitor

After FairWinds’ acquisition, Com Laude is set to acquire MarkMonitor

September 27, 2025
Kenya’s Ilara Health slashes staff in restructuring move

Kenya’s Ilara Health slashes staff in restructuring move

September 27, 2025
MultiChoice Kenya loses 3.4 million subscribers in 12 months amid rising adoption of streaming services

MultiChoice Kenya loses 3.4 million subscribers in 12 months amid rising adoption of streaming services

September 27, 2025
NBE recognises Arifpay as Ethiopia’s first licensed private switch operator

NBE recognises Arifpay as Ethiopia’s first licensed private switch operator

September 27, 2025
Jiji’s expansion in Africa: Anton Volianskyi on scaling, trust, and the future of e-commerce

Jiji’s expansion in Africa: Anton Volianskyi on scaling, trust, and the future of e-commerce

September 26, 2025
Healthcare Innovation Summit Africa 2025 returns to Johannesburg with focus on digital transformation

Healthcare Innovation Summit Africa 2025 returns to Johannesburg with focus on digital transformation

September 26, 2025
Pearl Nkrumah becomes the first female MD of Access Bank Ghana

Pearl Nkrumah becomes the first female MD of Access Bank Ghana

September 26, 2025
Verto opens new strategic hub in Nairobi to simplify global trade for emerging markets

Verto opens new strategic hub in Nairobi to simplify global trade for emerging markets

September 26, 2025
Your one-stop tech hub! Get the latest updates on AI, cybersecurity, fintech, and emerging technologies.
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Tech TV
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Tech TV
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
Techpression
No Result
View All Result
Home Technology Telecommunication

Telcos propose 100% hike in call and data rates, await NCC approval

Oluwatosin Adeyemi by Oluwatosin Adeyemi
January 3, 2025
147 5
0
Telcos propose 100% hike in call and data rates, await NCC approval
471
SHARES
Share on FacebookShare on TwitterWhatsAppTelegram

Nigerian telecom providers have proposed raising their rates by 100 percent, pending government approval as they aim to address increasing operating costs such as inflation and higher service delivery expenses.

The proposal has been presented to the Nigerian Communications Commission for approval, according to Karl Toriola, CEO of MTN Nigeria,who made the disclosure in an interview on Arise TV on Thursday.

The CEO acknowledged that it is unclear if NCC will approve the request.

Read also: NCC okays disconnection of Exchange Telecommunications from MTN over unpaid charges

RelatedPosts

How Airtel Africa’s AI-powered Spam Alert service detects 205 million spam messages in 6 months

NCC, CBN partner to address failed telecom transactions, enhance network service quality

NCC, ONSA Intervene in Diesel Supply Dispute, Avert Telecom Disruption

Toriola asserted that the industry, which has been under a lot of financial strain because of growing operating expenses, needed the planned tariff increase to remain viable.

“We’ve put forward requests of approximately 100 per cent tariff increases to regulators. I doubt they’re going to approve that quantum of increases because they are very, very sensitive to the current economic situation in the country,” Toriola said.

Despite the difficulties, Toriola said he was certain regulators would make the right choice while considering the industry’s realities.

The CEO underlined that long-term industry sustainability is more important than immediate financial gain.

“I believe we’re all on the same side, the policymakers, the regulators, our Chairman of ALTON, Gbenga Adebayo, and the industry. We’re united because we share concerns about a few fundamental issues. First, human rights are critical to driving any economy. Without a sustainable industry, the broader economy and the well-being of the people will be negatively impacted.”

Factors affecting the telecom industry 

The proposed hike comes as telecom businesses’ costs are on the rise due to several variables, including inflation, variations in exchange rates, and the rising cost of essential operational inputs including raw materials, power generation, and diesel.

Toriola emphasised the strain that these growing expenses have placed on telecom companies, making it challenging for them to continue operating profitably.

Operators warned in a statement earlier this week that unless prices are changed to reflect rising operating costs, service interruptions are imminent.

According to Engr. Gbenga Adebayo, Chairman of the Association of Licensed Telecommunications Operators of Nigeria, the telecom industry is “under siege,” with rising energy prices, unstable exchange rates, and inflation driving up operating costs.

Read also: Egypt’s telecom sector may raise prices again: What this means for consumers

Telcos threaten service disruptions 

In the absence of a quick tariff adjustment, the telecom chief said, operators would turn to load shedding, which would result in a restricted supply of telecom services in some locations.

No notable progress has been made since the initial demand for a tariff adjustment was submitted in April 2024.

In a joint statement, ALTON and the Association of Telecommunications Companies of Nigeria urged the Federal Government to encourage a positive discussion with industry stakeholders in light of the mounting financial burden.

After 11 years of tariff stability, the groups highlighted the need for a framework that strikes a compromise between operators’ financial sustainability and consumer affordability.

Operators are urging all stakeholders to take action before it’s too late, stating that failure to do so will jeopardise the sustainability of one of Nigeria’s most vital businesses, as they share a commitment to safeguarding the sector’s future.

Tags: MTN NigeriaNCCTelcos
Oluwatosin Adeyemi

Oluwatosin Adeyemi

Oluwatosin Adeyemi is a seasoned writer with 5+ years of experience. He holds a degree in Animal Science from Olabisi Onabanjo University. A hardworking and creative individual with a passion for teamwork and self-improvement.

No Result
View All Result

Quick Links

  • Tech News
  • Cryptocurrency
  • Fintech
  • Startups
  • Business

Follow Us:

  • facebook
  • instagram
  • Twitter(X)
  • Linkedin
  • YouTube
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 Techpression.com -Techpression Media Limited

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

No Result
View All Result
  • Home
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Reviews
    • How To
    • General News
  • Cryptocurrency
  • Business
  • Fintech
  • Startups
  • Featured
  • Ai
  • Tech TV

© 2025 Techpression.com -Techpression Media Limited

techpression.com
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

3rd Party Cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.