The Association of Licensed Telecom Operators of Nigeria (ALTON) and the Association of Telecommunication Companies of Nigeria (ATCON) have said they are planning to increase their tariff, due to the current economic realities.This implies that subscribers of MTN, Airtel, Glo, 9Mobile among others should expect to pay more for the services being rendered to them.

In a statement jointly signed by ALTON’s Chairman, Gbenga Adebayo; and ATCON’s President Tony Emoekpere, the telcos stated thus:

“Despite the adverse economic headwinds, the telecommunications industry remains the only industry yet to review its general service pricing framework upward in the last (11) years, primarily due to regulatory constraints.“For a fully liberalized and deregulated sector, the current price control mechanism, which is not aligned with economic realities, threatens the industry’s sustainability and can erode investors’ confidence.