Tariffs of mobile data and voice calls are expected to go up in in the coming months, the Ghana Chamber of Telecommunications has hinted.
According to him, huge capital expenditures coupled with high taxes and other operating expenses have ballooned the cost of doing business for telecom operators.
“The industry has to increase prices because the cost of doing business has gone up, but the individual ones, I would not be able to talk about that”, Ken Ashigbey, Chief Executive Officer disclose this at the Tax Contribution Report for 2021 which forms part of the Mobile Transparency Initiative Report for 2021.
“We don’t talk about prices, so I don’t know what the individual [telecom] members will do. But if you consider the fact that the cost of doing business has gone up, even the water producers association has increased the prices of water [sachet and bottled], even the market women. So naturally, what is going to happen”, he quizzed.
This comes days after Ghana’s biggest telecommunications operator MTN Ghana rescinded its decision to increase its data tariff by 15 %.
Mr Ashigbey also lamented on the overburdening of the telecoms industry with taxes.
This he believes could further drop profit margins, cripple the industry and reduce the revenue government receives from the telecoms sector by way of taxes.
Latest Stories
-
CLOGSAG vows to resist partisan appointments in Civil, Local Government Service
35 minutes -
Peasant Farmers Association welcomes Mahama’s move to rename Agric Ministry
36 minutes -
NDC grateful to chiefs, people of Bono Region -Asiedu Nketia
38 minutes -
Ban on smoking in public: FDA engages food service establishments on compliance
39 minutes -
Mahama’s administration to consider opening Ghana’s Mission in Budapest
41 minutes -
GEPA commits to building robust systems that empower MSMEs
44 minutes -
Twifo Atti-Morkwa poultry farmers in distress due to high cost of feed
46 minutes -
Central Region PURC assures residents of constant water, power supply during yuletide
47 minutes -
Election victory not licence to misbehave – Police to youth
49 minutes -
GPL 2024/2025: Nations thrash struggling Legon Cities
51 minutes -
Electoral offences have no expiry date, accountability is inevitable – Fifi Kwetey
52 minutes -
Ghanaians to enjoy reliable electricity this Christmas – ECG promises
59 minutes -
Police deny reports of election-related violence in Nsawam Adoagyiri
1 hour -
‘We’re not brothers; we’ll show you where power lies’ – Dafeamekpor to Afenyo-Markin
1 hour -
EPA says lead-based paints are dangerous to health, calls for safer alternatives
3 hours