Tag
ALTON
Telecommunications infrastructure company IHS Towers, the Association of Licensed Telecom Operators of Nigeria (ALTON), and the Nigerian Communications Commission (NCC) have proposed strategies to safeguard Nigeria's telecommunications infrastructure from cyber threats, theft, and vandalism, which are crucial for the country's economic growth.
The Association of Licensed Telecoms Operators of Nigeria (ALTON) has debunked the rumours that the latest barring of SIMs by network operators was an attempt to frustrate the planned protest billed to start August 1.
According to Maida, the sector has done well with its current 14.58% contribution but it could do better if current challenges confronting the sector are addressed.
According to ALTON's Chairman, Gbenga Adebayo, the telecom industry faces numerous challenges that hinder its growth and development.
The Chief Executive Officer of Financial Derivatives Company Limited, Mr. Bismarck Rewane, has thrown his weight behind plans by telecommunications operators in Nigeria to increase their tariffs, saying it is the only way to sustain the businesses.
According to the operators, the telecom industry is the only industry that has not reviewed its prices despite the rising inflation in the country and other economic realities that warrant increment.
Nigeria's efforts to achieve a 70% broadband penetration by 2025 are facing significant challenges due to the ongoing foreign exchange crisis, which is affecting further investments in telecom infrastructure.
The Chief Financial Officer of MTN Nigeria, Modupe Kadri, has lamented the inability of the telecom operators in the country to pass the increasing costs of operations to the subscribers.
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has said that the current tariff regime in the telecom sector is discouraging further investments and limiting the operator’s capacity to deploy more infrastructure.
ALTON has said the federal government’s target of generating revenue through the sales of spectrum is making internet service more expensive in Nigeria.
The Nigerian Communications Commission (NCC) has said that despite its efforts and recent executive orders issued by President Bola Tinubu on taxes, the telecom industry is still burdened with hidden taxes.
Stakeholders within the telecommunications sector, have sounded a resounding alarm over the current pricing structure governing calls, short message service (SMS), and data services.