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Tag: Gbenga Adebayo

Telcos Recover N107bn from Banks for USSD Debt

Telcos Recover N107bn from Banks for USSD Debt   The long-term dispute between telecommunications operators and commercial banks over unpaid Unstructured Supplementary Service Data fees appears to be drawing to a close, as telecom companies confirm the recovery of 95 per cent of the N180 billion...

Tariff Hike: Telcos Warn of Imminent Shutdown

Tariff Hike: Telcos Warn of Imminent Shutdown   Nigerian telecom operators have issued a stark warning, cautioning that a delay in reviewing tariffs beyond the first quarter of 2025 could have severe repercussions, including undermining the sector's growth prospects, destabilizing operations, and diminishing its economic contributions. For the...

Nigerians to Utilize Different Tariff for Calls, Data in States – Telcos

Nigerians to Utilize Different Tariff for Calls, Data in States - Telcos Telecommunication firms have announced that Nigerians may soon be paying different prices in different states for calls, data, SMS, and other telecommunication services. According to the telcos, this measure is to mitigate against multiple...

Telcos Seek NCC Approval to Disconnect Banks

Telcos Seek NCC Approval to Disconnect Banks Telecommunication operators have reached out to the Nigerian Communications Commission for approval to phase out the Unstructured Supplementary Service Data offered to banks due to over N80bn. On Thursday, the Chairman, Association of Licensed Telecoms Operators of Nigeria,...

Telecom Firms’ Operating Costs Increased By N265bn – NCC

Telecom Firms’ Operating Costs Increased By N265bn – NCC   The operating costs of telecommunication companies in Nigeria rose from N1.4tn in 2020 to N1.66tn in 2021, showing an increase of N265.25bn. This is according to the ‘2021 Subscriber/Network Data Annual Report’ by the Nigerian Communications Commission...

Telcos Propose Tax Review To Avert 40% Tariff Hike

Telcos Propose Tax Review To Avert 40% Tariff Hike   Telecommunication companies, under the aegis of the Association of Licensed Telecoms Operators of Nigeria (ALTON) has said the removal of multiple taxes in the telecom industry will reduce some of the operational pressure on the companies. According...