Telecom operators in Nigeria, (telcos), notably MTN, Airtel, Glo and 9Mobile, have insisted on calls for an upward tariff review in a move to offset the soaring costs of operation and investment in the sector.
This demand comes after 11 years of stability in tariffs, during which the industry has faced significant increases in operational costs and investments in network expansion and upgrades.
The four telecommunications giants said they were the only ones that have not reviewed their prices which threaten the industry’s sustainability and possibly erodes investors’ confidence.
They made this known in a joint statement issued by the Association of Licensed Telecommunications Operators of Nigeria (ALTON) and Association of Telecommunication Companies of Nigeria (ATCON), yesterday, signed by ALTON Chairman, Gbenga Adebayo, and ATCON President, Tony Emoekpere.
The telcos attributed the non-increment to regulatory constraints despite the adverse economic hardship.
They also expressed concerns on the worsening security challenges affecting the productivity of the services provided, urging the Federal Government come up with measures to tackle the menace.
“Telecom infrastructure undisputedly plays a pivotal role in Nigeria’s national security and socio-economic growth, especially as the country currently contends with multiple security challenges that require urgent and immediate actions in response to these threats.
“Attacks on cell towers, fibre-optic cables, and other critical assets disrupt telecommunications services and result in significant financial losses for operators. We urge the government to prioritise the security of telecommunications infrastructure and collaborate with law enforcement agencies to enhance protection measures and combat vandalism and sabotage effectively.
“The industry also requires substantial investments in network expansion, maintenance, and technology upgrades”, they stated.
?The associations called on the Federal Government to facilitate a constructive dialogue with industry stakeholders to address pricing challenges and establish a framework that balances consumers’ affordability with operators’ financial viability.
