Four telecommunications companies operating in Nigeria, 9Mobile, Glo, MTN and Airtel are asking the federal government to facilitate constructive dialogue in the industry.
According to Daily Trust the telcos said the current price control mechanism is not in tandem with the economic realities, thus seeking the government’s intervention in order to address pricing challenges.
The four telecommunications giants said they were the only ones that have not reviewed their prices which threaten the industry’s sustainability and possibly erodes investors’ confidence.
They made this known in a joint statement by the Association of Licensed Telecommunications Operators of Nigeria (ALTON) and Association of Telecommunication Companies of Nigeria (ATCON) on Thursday.