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MTN refutes recharge cards price increase

13 January 2014, 13:38Henry Ifeanyi

Lagos - MTN Nigeria, the telecommunications company, denied increasing the prices of its physical recharge cards.

The denial followed claims by recharge card dealers that they had increased the prices of the cards as a response to similar action by the company.

The dealers presently sell the MTN recharge cards at higher price rates compared to other networks

Addressing the issue, MTN said that the face value of all its recharge card denominations remains the same.

The MTN recharge vouchers come in denominations of N1 500, N750, N400, N200 and N100.

“We have not effected a price increase and the retail prices of the various denominations of our recharge cards and recharge vouchers remain the same,” said Wale Goodluck, Corporate Services Executive, MTN Nigeria.

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

“MTN has a well-established distribution structure and all our authorised partners within this structure are obliged to sell recharge cards at their face value. Any variance from the authorised face value of recharge cards is without MTN’s knowledge or authority,” he said.

Wale noted that MTN Nigeria's 55 million customers could purchase airtime via recharge cards or recharge vouchers as well as through a virtual top up.

He explained that the airtime recharge options were generally distributed via a very extensive trade and distribution network, which has over the years, successfully enhanced accessibility to airtime and customer convenience.

– CAJ News


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