• 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

Need for Standardized Risk Management in DeFi

chest

As institutional flows grow, the DeFi ecosystem must establish standardized risk disclosures and governance frameworks.

user avatarKofi Adjeman

Singapore's MAS Implements Stricter Regulations for Crypto Firms

chest

The Monetary Authority of Singapore (MAS) has implemented stricter regulations for cryptocurrency firms operating without a license.

user avatarAyman Ben Youssef

BlockDAG's User Base Grows with 4 Million Active Mobile Miners

chest

BlockDAG has attracted over 4 million active users through its X1 Mobile Miner application, enhancing community engagement.

user avatarTando Nkube

US Treasury Sanctions North Korean IT Worker Network

chest

The US Treasury has sanctioned individuals and entities linked to a North Korean IT worker for infiltrating cryptocurrency companies to fund missile programs.

user avatarNguyen Van Long

DeFi Earn Offers High APY Compared to Traditional Banks

chest

DeFi Earn offers an annual percentage yield (APY) of 48%, significantly higher than traditional bank savings accounts.

user avatarJesper Sørensen

Traders Navigate Extreme Volatility in Crypto Market

chest

Traders have adopted various strategies to navigate extreme volatility in the crypto market, including scalping and swing trading.

user avatarLucas Weissmann

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.