The Nigerian Communications Commission has begun a review of Mobile Termination Rates (MTR), citing major industry changes including the rollout of 5G services, the rise of over the top communication platforms, the emergence of Mobile Virtual Network Operators and worsening economic conditions.
Speaking at a stakeholders’ forum, Nkechi Araka said the telecommunications landscape has changed significantly since the last MTR review in 2018. She noted that inflation, exchange rate fluctuations and evolving consumer demands have increased operators’ costs and altered market realities.
According to Araka, Mobile Termination Rates influence interconnection charges among operators, competition, investment decisions and the prices consumers pay for telecom services. She stressed that the review is necessary to ensure the current framework remains cost reflective, fair and aligned with prevailing market conditions.
The NCC said the exercise will assess the existing interconnection regime, review termination rates and related services, and develop an updated regulatory framework aimed at promoting fair competition, encouraging investment and supporting affordable, sustainable telecommunications services in Nigeria.