International Termination Rate Now Set At US$0.10 -NCC
The Nigerian Communications Commission (NCC) has granted an amended Determination of Mobile (Voice) International Termination Rate (ITR) for implementation in the Nigerian Telecommunications Industry with effect from September 1, 2022.
Director, Public Affairs at NCC, Rueben Muoka, revealed this in a statement, clarifying that under the amended determination, the international carrier market has been classified into Mobile Network Operators (MNOs)/International Carriers and Small/Nigerian Transit Carriers/ International Data Access (IDA) Operators.
The new ITR for voice services paid for terminating international calls on local networks in Nigeria is now set at US$0.10, from the old rate of US$0.045.
According to Muoka, The Nigerian Transit Carriers/IDA Operators, shall discontinue inbound international calls in the network of domestic operators at a discount of 21percent on the US$0.10.
He said this is to guarantee a level playing field that acknowledges the unique disposition and characteristics of genuine market participants. He ascertained that the new ITR will make a notable contribution to the development of the telecoms sector in Nigeria and be beneficial to subscribers, operators, and the country at large.
Muoka stressed that the process of arriving at the ITR was performed transparently with a view to providing maximum clarity to all parties without compromising the confidentiality of commercially sensitive information.
“In determining the ITR, the Commission carefully considered information and insights provided by stakeholders at different meetings and fora, which reviewed the previous rate and the industry’s operating environment. This is in addition to the cost model results, the state of competition in the sector and the Nigerian macroeconomic environment.
“Meanwhile, the Mobile Termination Rates of N3.90 for Generic 2G/3G/4G Operators and N4.70 for new entrants – Long Term Evolution (LTE)/Small Operators determined in 2018 will continue to apply for local call terminations until the Commission makes a new determination,” Muoka said.