The Nigerian Communications Commission (NCC) has commenced the process of reviewing the subsisting interconnection rates for voice services to bring it in tandem with current market realities.
Speaking at a stakeholders’ forum in Abuja, Executive Vice Chairman of the commission, Prof. Umar Danbatta, said the review had become necessary considering that the Nigerian communications market has witnessed tremendous growth in both subscriber numbers and traffic volumes.
He noted that there has also been changes in available technologies, including global financial markets, which have an impact over inputs such as cost of capital. He added that these changes will inevitably affect the unit cost of providing services, including interconnection.
Danbatta, who stressed the need to ensure that interconnection services are not only fairly priced and non-discriminative but should reflect the cost of providing such services in the market, urged the stakeholders to assist in providing relevant statistical data to help deliver on the expected objectives of the project.