The
hyper-inflationary trend in Nigeria is set to be worsened as the
National Communications Commission, NCC, has issued a circular to
telecommunication companies to step up data rates in the face of
economic crisis.
In a letter dated November 1 to mobile operators in the country,
the Nigeria Communication Commission (NCC) has directed the
telecommunication companies to initiate a new data tariff regime from
December 1, 2016 in what is effectively a price increase.
According to the official letter which was seen by TheCable News,
the regulator stated that the interim floor price for data services was
0.90k/MB for big operators, and that “this rate will subsist pending
the finalisation of the study on the determination of cost based
pricing for retail broadband and data services in Nigeria”.
“In order to provide a level playing field for all operators in
the industry, small operators and new entrants to acquire market share
and operate profitably small operators and new entrants are hereby
exempted for the price floor for data services,” it said.
“For the avoidance of doubt a small operator is one that has
less than 7.5 percent market share and a new entrant is an operator that
has operated less than three years in the market.
“All operators are to ensure that subscribers are not automatically migrated to pay-as-you-go platform.
“Also, note that effective date for the interim price floor is December 1, 2016.”
Recall that we reported earlier on Monday, that MTN sent messages to its customers stating that there would an increase in its data tariffs on December 1.
The message read: “Dear customer, please be informed that from
December 1, some MTN data tariffs will be increased to reflect the new
rates set by the NCC to operators.”
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