• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Analysis of Airtel Nigeria's Tariff Increase for Sustainability

user avatar

by Giorgi Kostiuk

a year ago


Airtel Nigeria is discussing the necessity of a 100% tariff increase to maintain the telecom sector's sustainability amidst a 300% rise in operational costs.

The Need for Tariff Increase

Dinesh Balsingh, CEO of Airtel Nigeria, explained that approving the proposed 100% tariff hike is crucial for ensuring the long-term sustainability of Nigeria's telecommunications sector. He highlighted that tariffs have remained static over the past decade despite a significant increase in operating expenses.

Economic Situation of the Operator

Balsingh pointed out that mobile operators have faced a 300% increase in operating costs over recent months, making tariff hikes inevitable. This trend is driven by the cost of network upgrades, infrastructure expansion, and software licensing fees. Companies are adapting to the country's economic realities.

Potential Impact on Users

According to Dinesh Balsingh, the tariff increase will enable mobile operators to expand coverage, strengthen network security, and introduce cutting-edge technologies, ultimately improving connectivity quality for users. The Airtel CEO emphasized that adjustments are planned with affordability in mind.

The tariff increase proposal aims to ensure economic sustainability and improve service quality in response to the growing demand for digital services in Nigeria.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Achieving Product-Market Fit is Essential for Crypto Success

chest

Achieving product-market fit is essential for crypto success, emphasizing the need to solve genuine problems with blockchain technology.

user avatarMaria Fernandez

The Importance of Tokenomics in Attracting Capital

chest

Yakovenko emphasizes the critical role of token distribution mechanics in attracting and retaining capital for cryptocurrency projects.

user avatarKenji Takahashi

Binance Launches Perpetual Contracts for Meme Coin

chest

Binance announced the launch of Ive Arrived on a Horse USDT perpetual contracts with up to 20x leverage.

user avatarGustavo Mendoza

Trump to Launch Weekly Speeches Ahead of Midterm Elections

chest

Former President Donald Trump will begin a series of weekly speeches across the country focusing on economic issues as the midterm elections approach.

user avatarRajesh Kumar

Hashed Establishes Subsidiary for Digital Asset Innovation

chest

Hashed has established a dedicated subsidiary, Hashed Open Finance, to advance projects in stablecoins, real-world asset tokenization, and security token offerings within South Korea.

user avatarLuis Flores

Regulatory Developments Enhance Maroo Blockchain Launch

chest

The launch of Maroo coincides with South Korea's evolving cryptocurrency regulations, providing a favorable environment for stablecoin projects.

user avatarArif Mukhtar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.