Telecoms operators like MTN, Airtel and Globacom have muted the idea of cost-reflective tariff in view of extant economic realities.
This was contained in a statement jointly released by the Association of Licensed Telecom Operators of Nigeria (ALTON) and the Association of Telecommunication Companies of Nigeria (ATCON) on Thursday.
The statement was co-signed by ALTON’s Chairman, Gbenga Adebayo; and ATCON’s President Tony Emoekpere.
The telcos called upon the government to take decisive action in addressing the numerous challenges confronting the telecommunications industry.
The telcos said telecommunications infrastructure development requires substantial investments in network expansion, maintenance, and technology upgrades.
“Despite the adverse economic headwinds, the telecommunications industry remains the only industry yet to review its general service pricing framework upward in the last (11) years, primarily due to regulatory constraints.
“For a fully liberalized and deregulated sector, the current price control mechanism, which is not aligned with economic realities, threatens the industry’s sustainability and can erode investors’ confidence.
MTN, Airtel, Glo, Pushing For Tariff Hike
