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Thursday, 13 July 2017

MNOs want NTRA to approve 15% increase in prices

“Me too,” say MNOs who want to raise prices as a result of subsidy cuts as well: The country’s private mobile network operators want the National Telecommunications Regulatory Authority (NTRA) to approve a 15% increase to their service prices to offset cost increases from the government’s decision to hike fuel and energy prices last week, sources tell Al Mal. The telecom sector’s prices remained unchanged in the last few years, despite challenging economic conditions, the sources said, explaining that MNOs have been making severe losses recently.

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