THE GUARDIAN
TELECOMMUNICATIONS operators said they made a proposal of 100 per cent tariff hike to the regulator, the Nigerian Communications Commission (NCC) in their plea for hike in tariffs on services offered including voice, data and digital.
MTN Chief Executive Officer, Karl Toriola, disclosed this on Thursday, when he featured on AriseTv to talk about some burning telecoms industry issues.
Toriola, who also doubted the approval of the 100 per cent tariff hike by the regulator, said the campaigns for increases have not been about profitability, but sustainability of the sector. He stressed that the telecoms industry, which has remained the pillar of support for the economy, must be sustained so that it doesn’t collapse.
“This is not about profitability but sustainability of the sector. I think the Federal Government was very supportive in 2024 with significant structural changes to support the industry, one of them was the Critical National Infrastructure (CNI) bill, which protects telecoms infrastructure as critical and gets all the security agencies behind it. The other is addressing the indebtedness of the entire sector, and we have been put to task on QoS obligations, and we shall put to task on that even more in 2025.
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