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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