The Nigerian Communications Commission (NCC) has set $0.10 as the new fixed International Termination Rate for voice services with effect from tomorrow, September 1.
According to the NCC, ITR is the rate for terminating international inbound traffic, either by International Carriers through international networks to a point of interconnection (PoI) with domestic networks.
It represents payment service exports by the Nigerian Domestic Mobile Network Operators.
In a new document released yesterday, and signed by the Executive Vice Chairman, NCC, Prof. Umar Danbatta, entitled: “Determination of Mobile (Voice) International Termination Rate (As Amended) Issued by the NCC and dated August 25, 2022,” the Commission agreed, after various consultations, that there were indeed post-implementation challenges, which necessitated the need for further engagements with relevant stakeholders.
The document read in part: “This determination shall take effect from 1st of September 2022and will remain valid and binding on licensees until further reviewed by the Commission. This determination effectively repeals the Determination of Voice (Mobile) International Termination Rate issued by the NCC on 25th November 2021 which took effect from 1st of January, 2022.”
According to NCC, the Nigerian Transit Carriers/IDAs shall terminate inbound international calls in the network of domestic operators at a discount of 21 percent on the $0.10.
The commission said the discount is based on the same asymmetric corridor contained in its MTR’s Determination of 2018.
“ITR for voice services paid by overseas carriers for terminating international calls on local networks in Nigeria shall be $0.10.
The $0.10 is the fixed price for ITR services, the ITR will be paid in dollars so operators will receive an increasing rate in naira terms should devaluation continue.
ITR in dollars only pertains to the cost of bringing traffic into Nigeria. Operators will continue to pay the regulated MTR,” the document added
