Telecommunication companies had recently proposed a 40% hike in the cost of calls, SMS, and data. This is as a result of an unfavourable operating environment.
According to the president of ALTON, telcos are not asking for a bailout from the government but that the operating environment be fair and a possible regulatory intervention.
Adebayo added, “We are not asking for a bailout. We are only saying make the environment easier, help us to keep our cost minimal and we would be fine.
“We are saying that let the regulator provide some form of intervention. We have made those prayers to the regulator.”
Recently, he said telecom operators pay as much as 36 different taxes and levies to governments across the three tiers of governance.