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MTN, dealers differ over voucher prices

04 March 2014, 07:09

Abuja - MTN Nigeria insisted it had not increased the prices of its physical recharge vouchers despite such suggestions by dealers.

According to market surveys in Lagos, while vouchers of other network operators sells for same value price, MTN N400, N750, N1 000 and N1 500 are sold with an additional N50 across the board.

Some dealers told our correspondent that most customers no longer bought MTN vouchers from them because of the additional N50 placed on the physical vouchers.

Emeka Uwadibia, who sells recharge cards at Iyana Ipaja, said he had since stop selling MTN recharge cards because no one bought them with the addition price on the face value.

"Nobody wants to buy a recharged card of N400 for N430 or N450. I buy N400 voucher from a major dealer for N420. Since I must make my own gain,  I sell at N440 or N450. Initially customers were complaining but they still buying from me. Last week, I decided to stop selling all MTN vouchers since nobody is buying them again,” he said.

“Before we buy them at discounted amount. But now every major dealers in the market have top the prices of all MTN Vouchers,” he added.

Another voucher seller, Adaobi Chukwuka, who is based in the Ikeja area, said she had resorted to selling electronic vouchers instead of the physical recharge cards.

“The price of all MTN voucher is still the same. Depending on who you buy from, some dealer sell with additional N20 while other added N30. Since customers are no longer buying them, I have decided to be transferring airtime to my customers that use MTN,” she said.  

One month after leading telecom giant, MTN denied any increase on the prices of its physical vouchers, dealers of the product have continue to lament poor sales of all MTN denominated vouchers.

However, MTN has maintained that it had not increased the prices of its physical vouchers.

Corporate Services Executive, MTN, Wale Goodluck, said, “We have not effected a price increase and the retail price of the various denominations of our recharge cards and recharge vouchers remain the same. Our recharge vouchers come in the following denominations - N1 500, N750, N400, N200 and N100, and must be sold at the face value.”

Goodluck said that any hike was contrary to MTN’s wishes or knowledge.

“Any variance from the authorised face value of recharge cards is without MTN’s knowledge or authority,” he added.

- CAJ News


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