Connect with us

News

Glo, MTN, Airtel, and 9Mobile reportedly move to increase Tariff.

Published

on

Screenshot 20240425 165133

The telecommunications companies operating in Nigeria notably Glo, MTN, Airtel and 9Mobile are asking the F.G to facilitate constructive dialogue in the industry, Daily Trust is reporting.

According to the telcos, the current price control mechanism is not in tandem with the economic realities, thus seeking the government’s intervention in order to address pricing challenges.

The four telecommunications giants said they were the only ones that have not reviewed their prices which thr£aten the industry’s sustainability and possibly erodes investors’ confidence. They made this known in a joint statement by the Association of Licensed Telecommunications Operators of Nigeria (ALTON) and Association of Telecommunication Companies of Nigeria (ATCON) on Thursday.

According to the statement signed by ALTON Chairman, and ATCON President, they attributed the non-increment to regulatory constraints despite the adverse economic hardship.

Instablog

Trending