Close Menu
The Prime Times
  • Home
  • NEWS
  • POLITICS
  • BUSINESS
  • EDUCATION
  • OPINION
  • TRAVELS
  • INTERVIEW
  • ENTERTAINMENT

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Ajia Appreciates Emir of Fune, Others, Vows Loyalty and Service

July 1, 2025

Court Admits Medical Report of Ex-Minister Saleh Mamman in EFCC Trial Over Mambilla Project Fraud

June 30, 2025

Fune Emirate to Honour Alhaji Ibrahim Ajia with Title of Dan Amana for Exemplary Service, Loyalty and Philanthropy

June 26, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
The Prime Times
Subscribe
  • Home
  • NEWS
  • POLITICS
  • BUSINESS
  • EDUCATION
  • OPINION
  • TRAVELS
  • INTERVIEW
  • ENTERTAINMENT
The Prime Times
Home»Business»NCC to unveil new voice tariff between local, international operators
Business

NCC to unveil new voice tariff between local, international operators

admin@theprimetimesBy admin@theprimetimesJune 11, 2021No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
Share
Facebook Twitter LinkedIn Pinterest Email

…Concludes cost-based study on Int’l termination rate determination

The Nigerian Communications Commission (NCC) has concluded the process for determining the cost-based price of mobile International Termination Rate (ITR) to ensure healthy competition on traffic handling for voice services between local and international operators in Nigeria.

The Commission made this known at the final stakeholders’ forum for the presentation of the study on cost-based pricing of mobile ITR, undertaken by Messrs Payday Advance and Support Services Limited, held at the Commission’s Head Office in Abuja.

Speaking at the forum, the Executive Vice Chairman (EVC) of NCC, Prof. Umar Danbatta, said the cost-based study became imperative, following previous efforts at finding an optimum price for the termination of international voice services that will be beneficial to all relevant industry stakeholders.

Danbatta said that the “overriding need for regulatory options and intervention in relation to the international termination rate in the voice market segment is predicated on some intractable challenges common with economies with severe macroeconomic volatility such as ours.”

The EVC recalled that in 2013, the Commission issued a determination stating that Mobile Termination Rates (MTR) are the same irrespective of where the call originated. He, however, stated that operators misconstrued this at that time to mean that ITR should be the same rate as the MTR, consequently ignoring the international cost portion.

“Arising from these is the persistent fact that Nigeria’s ITR is below that of most countries with which it makes and receives the most calls, making Nigerian operators perpetual net payers. The obvious implication of this is seen in the attendant undue pressure on the nation’s foreign reserves, which continue to get depleted by associated net transfers to foreign operators on account of this lopsidedness,” Danbatta explained.

Danbatta further stated that regulating the ITR is imperative for developing countries, such as Nigeria, with volatile currencies in order to prevent or mitigate the imbalance of payments with international operators. He also said the Commission was faced with the challenge of arriving at a rate that will balance the competing objectives of economic efficiency while, at the same time, allowing operators the latitude to generate reasonable revenues.

He informed the forum that “where ITR is not regulated, it tends to converge to the MTR and for a market like Nigeria with major supply-side challenges, the socio-economic implications and attendant backlash can only be imagined.”

In her comments, the Director, Policy, Competition and Economic Analysis, NCC, Yetunde Akinloye, corroborated the EVC, noting that the study was intended to compliment and consolidate the initial work done by the Commission, which had also culminated in the MTR Determination published in June 2018.

According to her, the ITR previously determined was based on actual benchmarking with countries of similar characteristics to Nigeria, but the findings from that study were faced by major national macroeconomic management challenges, ultimately pointing to the need for an ITR that is cost-based, consistent with the MTR.

ITR is the rate paid to local operators by international operators to terminate calls in Nigeria as contrasted with MTR, which is the rate local operators pay to another local operator to terminate calls within the country.

Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticleBuhari: FG will reclaim grazing routes for herders
Next Article Senate probes NSITF for alleged N61.1 billion diversion
admin@theprimetimes
  • Website

Related Posts

Fidelity MD, Onyeali-Ikpe Urges Women to Embrace Lifelong Learning, Collaboration for Career Success

June 22, 2025

CBN, NCC Move to Resolve N250bn USSD Debt Dispute

December 27, 2024

Duport Refinery Saga: Tinubu Administration Faces First Major Test As AASU Kicks

September 6, 2024

2024 World Cooperative Day: MedLab Practitioners Changing the Narrative of Cooperative Society in Nigeria

July 5, 2024
Leave A Reply Cancel Reply

Recent Posts
  • Ajia Appreciates Emir of Fune, Others, Vows Loyalty and Service July 1, 2025
  • Court Admits Medical Report of Ex-Minister Saleh Mamman in EFCC Trial Over Mambilla Project Fraud June 30, 2025
  • Fune Emirate to Honour Alhaji Ibrahim Ajia with Title of Dan Amana for Exemplary Service, Loyalty and Philanthropy June 26, 2025
  • As 1447 AH Begins, Ashraaf Foundation Urges Return to Faith, Unity, and Global Harmony June 26, 2025
  • Behind the Scenes, Beyond the Noise: The Legacy of Dr. Ali Barde Umoru June 23, 2025
Our Picks

October 18th: World Inherited Blood Disorders Day – GANSID

October 17, 2024

Ajia Congratulates Newly Appointed Ilorin Emirate Traditional Leaders

August 25, 2024

May Day: Tinubu Pledges Better Living Conditions, Salutes Nigerian Workers

May 1, 2024

Hajia Fatimata Aliagan: Celebrating An Iconic Woman of Virtues @ 50th

February 18, 2024
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss
Politics

Finally, Tinubu meets CAN, allays same faith ticket fears

By admin@theprimetimesNovember 17, 20220

• Tinubu: I am seeking to be president of Nigeria not on religious grounds • Defends…

Transparency Shall Be Our Bedrock in Telecom Regulation – Maida

December 15, 2023

New national carrier may take off Q2 as bid opens this week

March 7, 2022

Stop criticising CBN over cash policy, CNPP tells Nigerians

December 9, 2022

Subscribe to Updates

Get the latest creative news from The Prime Times.

About Us
About Us

The Prime Times, to be known and called The Prime is founded in the year 2020 and it is being published by Nigeria ArtsDaily Media and Publishing Company Limited

Continue>>>

Editor's Picks

October 18th: World Inherited Blood Disorders Day – GANSID

October 17, 2024

Ajia Congratulates Newly Appointed Ilorin Emirate Traditional Leaders

August 25, 2024

May Day: Tinubu Pledges Better Living Conditions, Salutes Nigerian Workers

May 1, 2024
New Comments
  • https://ukrain-Forum.biz.ua on FG Organises Special Lecture, Juma’at Prayer In Commemoration of June 12, Democracy Day
  • James Luka on Where Is Nigeria’s Tourist Industry – Especially Targeting Diaspora?
  • Prime Times on Saraki Made Everyone Who Worked with Him Better than He Met Them – Hon. Moshood Bakare
  • Ayo Abdul oganija on Saraki Made Everyone Who Worked with Him Better than He Met Them – Hon. Moshood Bakare
Facebook X (Twitter) Instagram Pinterest
  • About
  • Contact
  • Advertise
© 2025 The Prime Times. Designed by Chancerbyte.

Type above and press Enter to search. Press Esc to cancel.