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Oluwafemi Awodele
1 day ago
Overview
The Chairman, Association of Licensed Telecoms Operators of Nigeria (ALTON), Mr. Gbenga Adebayo has stated that there was a decline in telecoms investments in 2024 as a result of the delayed review of telecoms tariff.
Adebayo said such delay, negatively affected revenue generation of telecoms operators in 2024, and they were unable to invest significantly in network expansion in 2024.
“So I can say that 2024 was actually a year of subsidy, where telecoms operators had to subsidise their services for everybody. We provided subsidised services and that is not commendable because it is not sustainable,” Adebayo said.
In 2023, telecommunications companies attracted substantial in Foreign Direct Investment (FDI), infrastructure development, including the expansion of network coverage, which played a crucial role in improving service quality and coverage, according to the 2023 Subscriber/Network Performance Report, released by the Nigerian Communications Commission (NCC).
more:https://www.thisdaylive.com/index.php/2025/01/16/alton-delay-in-tariff-review-bane-of-poor-telecoms-investments-in-2024/#:~:text=The%20Chairman%2C%20Association%20of%20Licensed,delayed%20review%20of%20telecoms%20tariff.
