Tag
ALTON
Stakeholders in Nigeria’s telecom are currently worried over the continuous decline in investment in the industry.
ALTON has said that the suspension of the 5% excise duty on telecom services has taken away the burden of collections off the telecom operators and the weight of the subscribers, but there are more tax issues that need to be addressed by the government.
The Committee said 17 out of 31 stakeholders that made submissions during the public hearings were in support of the Bill.
Telecommunications operators in the country have faulted the newly proposed tax on phone calls by the Federal Government.
The NCC has dismissed the request by telecommunications companies to increase calls, data, and SMS tariffs by 40 per cent.
The telecoms industry has been financially impacted following the nation’s economic recession in 2020 and the effect of the ongoing Ukraine-Russia crisis
NCC confirmed that ALTON's letter has been received and it is being reviewed for a decision.
ALTON has revealed that due to the rising costs of doing business in Nigeria and other issues, it is considering an upward review of tariffs.
The stakeholders insist that mobile money services should be driven by telcos, as against what is prescribed by the CBN.
ALTON has announced that the directive to suspend the operations of Twitter in Nigeria came from the NCC.
The FG has directed telecommunication companies to suspend the planned withdrawal of banks’ USSD services.
Telecom firms have decided to withdraw their USSD services to financial institutions due to huge accumulated debt.