Telecom operators have warned that the excruciating financial obligations they are burdened with now may push them to adopt a load-shedding formula of the power sector in providing telecom services in the country.
But the regulator, the Nigerian Communications Commission, NCC, in a swift reaction, said it would not be arm-twisted by the operators’ threat. Load-shedding is a formula that the electric power provider uses to relieve stress on a primary energy source when demand for electricity is greater than the primary power source.
It is a service formula which denies power supply to an area at a time just to relieve stress on the power source.
Chairman of the umbrella body of the telcos, Gbenga Adebayo, disclosed this at an event put together by the Financial Derivatives Company, FDC, titled ‘’Telecom Industry 2.0: The Next Investment Frontier in Nigeria.’’
Addressing concerns of debilitating telecom services in the country, Adebayo said the country’s economic woes have impacted the telcos so badly, to the extent that they might not be able to service all their facilities at the same time.
