The Nigerian Communications Commission (NCC) has answered one of the many prayers of Nigerians concerning the high tariffs charged by telecoms operators in the country, by slashing voice calls tarrifs!
The Director of Public Affairs, Mr Tony Ojobo told a news conference in Abuja that the new rates which takes effect from 1st April and will last for the next three years and will significantly favour subscribers.
According to NCC, unlike the current rate which is N8.20 , the termination rates for voice services provided by new entrants and small operators in Nigeria irrespective of the originating network shall be N6.40 from April 1, 2013; N5.20 from April 1, 2014; and N3.90 from April 1, 2015.
The termination rates for voice services provided by other operators irrespective of the originating network shall be N4.90 from April 1, 2013; N4.40 from April 1, 2014; and N3.90 from April 1, 2015.
The NCC said in a statement on Thursday:
“The new termination rates, which significantly reviewed prices downwards, are informed by the depth of competition in the industry, while taking into consideration the position of new entrants and small operators.”
It should be noted that (according to NCC) a new entrant is a newly licensed operator entering an existing or new market within zero and three years, while a small operator, for the purpose of the determination, is an existing operator with a market share of zero to 7.5 per cent in terms of subscriber base.