Last week, telecommunications companies in Nigeria deliberated on increasing prices for calls and data services. The move comes amidst financial hardships, with major players like MTN Nigeria reporting significant losses due to the depreciation of the naira, while Airtel also experienced a downturn in revenue.
The Association of Licensed Telecom Operators of Nigeria (ALTON) noted that despite the challenging economic climate, they have refrained from raising prices for over a decade, largely due to regulatory constraints.
In a recent development, the Nigerian Communications Commission (NCC) has urged telcos to explore infrastructure sharing to reduce costs and enhance service quality. Aminu Maida, the head of NCC, emphasized this initiative during a telecom summit held in Lagos. He underscored the importance of collaborative efforts among government, businesses, and educational institutions to foster innovation.
Recognizing the significant financial burden of establishing telecom infrastructure, the NCC proposed alternative funding models such as Infrastructure as a Service (IaaS) and partnerships to address the issue.
Despite Nigeria boasting over 219 million mobile subscribers and a tech-savvy populace, Maida highlighted persistent challenges including inadequate service quality and infrastructure deficiencies.
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