Airtel Nigeria’s Chief Executive Officer, Dinesh Balsingh, has said that the 300 per cent surge in operational cost in the last 18 to 24 months has made tariff adjustments necessary for the long-term sustainability of the telecom sector.
In a note shared with The PUNCH on Monday, Balsingh highlighted the tough economic realities facing the telecom industry.
He pointed out that tariffs have remained static for over a decade despite significant increases in operating expenses.
Nigerian telcos have submitted their proposal for a 100 per cent tariff increase to the Nigerian Communications Commission, the country’s telecom regulator.
According to Balsingh, the proposed tariff adjustments aim to ensure the sector’s sustainability while delivering significant benefits for Nigerian consumers.
“For over a decade, tariffs have remained static despite the dramatic increase in operating expenses, which have surged by over 300 per cent in the last 18 to 24 months alone.
“To continue providing high-quality services and meeting the growing demand for digital connectivity, it has become essential to realign our pricing structure with economic realities,” Balsingh emphasised.
