The Nigerian Communications Commission (NCC) is set to commence a cost-based review to determine new pricing regime for mobile International Termination Rate (ITR) for inbound international voice calls in the country.
Dr Ikechukwu Adinde, Director, Public Affairs, NCC, made this known in a statement on Monday in Abuja.
Addressing the stakeholders, NCC Executive Vice Chairman, Prof. Umar Danbatta, said the study had become imperative following the various implementation constraints arising from contending industry and market dynamics that met previous efforts at finding an optimum price for the termination of international voice services in Nigeria.
“As a result of this, the ITRs continued to decline, in line with the MTR glide path and as the ITR was set in naira, it suffered a further downward slide in dollar terms following the currency devaluation. “Hence the need for Nigeria, with volatile a currency to regulate the ITR to prevent or mitigate the imbalance of payments with international operators.
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