• 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

Cynthia Lummis Steps Down: Crypto Industry Reacts

chest

Procrypto US Senator Cynthia Lummis has announced that she will not seek reelection in 2026, prompting a rally of support from the crypto industry.

user avatarMiguel Rodriguez

China Proposes Pilot Stablecoin Regulation in Free Trade Zones

chest

China is considering pilot programs for stablecoin regulation in its free trade zones, aiming to enhance blockchain infrastructure and attract stablecoin issuers.

user avatarLuis Flores

China Proposes Stablecoin Trials in Key Free Trade Zones

chest

Zhao Zhongxiu proposes pilot stablecoin regulations in Free Trade Zones to enhance China's fintech landscape.

user avatarArif Mukhtar

Security Alert Issued for Malicious Code in Polymarket Copytrading Bot

chest

A security alert was issued regarding malicious code found in a Polymarket copytrading bot on GitHub, posing risks to user funds.

user avatarMaria Gutierrez

No Immediate Market Impact from Musk Wealth Reports

chest

No immediate market impact from unverified claims about Elon Musk's wealth despite extensive media coverage.

user avatarDavid Robinson

FLOKI Remains a Strong Contender in the Meme Coin Market

chest

FLOKI continues to assert its dominance in the meme coin market, driven by robust community support and strategic branding efforts.

user avatarSon Min-ho

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.