The interconnection rate among telecom operators in the country was yesterday reviewed downwards by the Nigerian Communications Commission (NCC).
In a statement by NCC’s director of public affairs Tony Ojobo, from April 1, the termination rates for voice services provided by new entrants and small operators in the country irrespective of the originating network would be N6.40.
Ojobo said this would be further reviewed to N5.20 from April 2014 and to N3. 90 from 1st April, 2015.
He said the termination rates for voice services provided by other operators in Nigeria irrespective of the originating network would be N4.90 beginning from April 1, 2013.
This would be further slashed to N4.40 from April 2014 and to N3.90 April 2015, Ojobo said.
The current interconnect rate which is symmetric to all operators is N8.2, Ojobo said.
“This determination shall take effect from 1st of April 2013, and remain valid and binding on licensees for the next three years until further reviewed by the commission,” he said.
With this latest development, it is expected that call tariffs would be brought further down as the cheapest inter network call is about N10 per minute.
Nice one, NCC.
Nigeria is nearing its expected glorious days.
This is a good one. These network people have used us for so long. Thank God our leaders have finally woken up
This is the best decision our leader at any level has taken in recent time, may God continue to bless those involve wit more wisdom