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MTN warns of price increase in telecom services

07 May 2014, 15:11

 Lagos - Nigeria’s biggest  telecommucations company by subscribers, MTN  has warned that its subscribers may have to pay more if the federal government makes its license conditions more stringent, reports New Telegraph

Andrew Bing, Chief Financial Officer of MTN’s Nigerian, said MTN; subscribers across the federation must be prepared to pay more in the not too distant future if the government continues to impose tougher rules and tougher regulations on telecoms operators.

He noted that these regulations add to the cost of running business and ultimately the subscribers are the people who will have to pay more for enjoying the services.

Read more at New Telegraph

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