HEADLINENEWS.NEWS Correspondents reports that the debate over telecom tariff hikes intensifies, the CEO of MTN has stepped forward to explain why this increase is not just inevitable but absolutely necessary for the industry’s long-term viability. Speaking at a recent industry forum, the CEO outlined the pressures faced by telecom operators, including rising operational costs, currency fluctuations, and the need for continued investment in network infrastructure.
According to the CEO, the decision to raise tariffs was not taken lightly. However, without this adjustment, the telecom sector risks falling behind in delivering quality services, especially as demand for data and digital connectivity continues to surge. The CEO emphasized that the tariff hike is crucial to maintaining the high standards that customers have come to expect, as well as ensuring the sustainability of the sector in a rapidly evolving technological landscape.
The statement comes amidst widespread public concern over the potential impact of higher tariffs on consumers. However, the CEO assured that the increase would be implemented with a focus on minimizing the burden on users, particularly those in lower-income brackets. The narrative from MTN positions the tariff hike as a necessary step to future-proof the industry and continue driving digital transformation across the country.
