Telecommunications giant MTN Ghana has revised the prices for its products and services. The new tariffs, which takes effect from today, November 28, have seen a reduction in calls, data and other packages of the company.
MTN clarified that the tariff adjustments were prompted by increased operational costs.
Telecoms group had emphasized that it is planning to increase prices in selected markets due to the elevated inflation in the operating environment. This was disclosed in its first quarter report filed with the Johannesburg Stock Exchange on Thursday.
In its outlook for the rest of 2023, the MTN group said, “We anticipate that trading conditions across markets will remain challenging for the remainder of 2023 and we will continue to execute on our proactive measures to manage the near-term challenges and risks.
Under the revised tariffs, a 4.3-gigabyte Turbonet fixed bundle is now priced at GHS43. Meanwhile, the 91-gigabyte bundle has been adjusted to GH₵253, and the 350-gigabyte bundle is now available for GH₵516.
The tariff adjustments reflect MTN’s commitment to compliance with regulatory requirements after it was declared a Dominant/Significant Market Power (SMP) in the Voice, Data and SMS markets by the National Communications Authority (NCA) in June 2020.
This latest development has sparked a lot of controversy on social media, with most users describing the new tariffs as being exorbitant.
