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Telecoms Subscribers Reject Planned Tarrif Hike

by Jam theconscienceng
May 6, 2022
in Business, Featured, News
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Telecoms Subscribers Reject Planned Tarrif Hike

Telecommunication subscribers under the body of the National Association of Telecoms Subscribers have rejected the planned 40 per cent tariff hike by telecommunication operators, vowing to oppose the telcos’ move to introduce a new price regime for data, calls and SMS.

THECONSCIENCENG reports that the telecom consumer group said it was insensitive for any organisation to consider a tariff increase at the current state of the economy.

The President of the association, Adeolu Ogunbanjo, stated that the association is against any move by the government to increase prices in the cost of calls, SMS, and data.

He added, “Presently, about 71 million subscribers cannot make calls. They shouldn’t task subscribers. The telcos might have been able to absorb some of the increases they complained about if they have not been losing Telecoms subscribers.

“If everything were good, the telcos would have been able to absorb some of these shocks. The SIM-NIN policy is largely to blame for the loss in revenue in the telecom industry. A lot of prior losses to the policy are to blame too. We cannot allow the telcos to increase the tariff prices. They shouldn’t be thinking of this now.”

According to them, telcos have been losing revenue since the verification exercise began. They stated this in response to a 40 per cent proposed hike in telecom service tariff prices in the nation.

He said, “For us, it is because they are now losing revenue. By the time you study the situation, they have been losing revenue since the SIM-NIN exercise began.

Telecoms

“Now, they are losing more revenue because barred lines cannot make ongoing calls which is an economic loss for subscribers as well as the mobile network operators. So why are they trying to shift that on the consumers by increasing the cost of tariffs?

“For us, it is the Federal Government and the Minister of Communications that the telcos should focus on. For instance, they should be pushing for a three to six months extension so that barred subscribers can make calls for instance. This will at least increase their revenue stream again. The telcos should focus on the Federal Government.”

THECONSCIENCENG  recently reported that telecom companies were proposing a 40 per cent increase in the cost of calls, SMS, and data because of the rising cost of running a business in the nation.

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