Following the recent rift with Banks, MTN Nigeria considers pricing change.
Report says that MTN Nigeria has started consulting with domestic banks to secure a long-term agreement on a sustainable pricing structure for selling products, after a disagreement over commission halted airtime sales last week.
The operator in a statement explained that it had been involved in series of discussions since 6th of April, exploring ways to “align on longer term pricing structures” by undertaking an approach of “international standard and best practice as scale is built along distribution channels”. They further expressed belief that banking partners will cooperate to ensure a consensus will be reached as soon as possible.
MTN Nigeria’s product sales, including airtime and data, were temporarily suspended by most Nigerian banks after it tried to reduce the commission due for each transaction. However, services were restored after the intervention of the Nigerian government under the condition of reverting to a previously agreed cost of sales structures with banks until a new settlement is reached.
MTN Nigeria’s fight with banks is reported to be a part of a larger dispute which involved members of the Association of Licensed Telecommunications Operators of Nigeria.