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.
Adinde said that as part of the process for the rate determination, the Commission has organised a virtual stakeholders’ engagement forum with relevant industry stakeholders.
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.
Danbatta, said through the new ITR pricing, the Commission would be able to balance the competing objectives of economic efficiency and allowing operators the latitude to generate reasonable revenue.