Nigerians have been promised that the implementation of a 5G network will not increase the cost of calls and data.
The Nigerian Communications Commission provided the guarantee on Thursday (NCC).
On Thursday, the regulator offered the assurance during a Stakeholder Engagement Forum on 5G Spectrum Auction.
In response to a DAILY POST query, the NCC stated that the fact that telecommunication providers seek customers will drive down rates.
The competition, according to Engr. Ubale Maska, Executive Commissioner, Technical Services, NCC, will ensure affordability.
“Competition will make 5G network costs flexible. It would force down the price because this would bring about a good profit margin.
“We expect the unit price to come down. This would favour the operators since more subscribers would be able to buy”, Maska said.
Engr. Oluwatoyin Asaju, Director, Spectrum Administration, corroborated the position.
“Forces of competition will pull down prices. 15 to 20 years is a good time frame for operators to regain their investment.”
Asaju also guaranteed that the charges will be affordable to Nigerians.
In a country where millions earn N1,000 per day, the cheapest reasonable data bundle is N500.
Nigerians are concerned that the fifth-generation rollout will increase data rates.
It is expected that the NCC’s guarantee will bind telcos.