Home BUSINESS We may have to increase our tariffs due to… — Telcos informs...

We may have to increase our tariffs due to… — Telcos informs Nigerians

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We may have to increase our tariffs due to… — Telcos informs Nigerians
We may have to increase our tariffs due to… — Telcos informs Nigerians

Telcos under the aegis of the Association of Licensed Telecommunications Operators of Nigeria (ALTON) say they are considering an upward review of tariffs.

According to the telcos, the development is due to the rising cost of diesel and its implications for the cost of doing business. They also said the security situation in the country has made it unsafe to send out service personnel to some parts of the country, thereby hampering their operations.

In a chat with TheCable, the chairman of ALTON, Gbenga Adebayo,called for government intervention in the telecommunications sector. He said unless there is an intervention, operators will have no choice but to begin a process of price review.

“We will continue to provide services but we are concerned about the high costs. Without government intervention, we may consider increasing tariffs to reflect current realities. We can’t just wake up and increase prices. There are regulatory procedures that we need to follow to review prices. We may consider following those steps to commence the process of price review.”