Business
NCC Increases International Termination Rate To N24.40
The Nigerian Communica
tions Commission (NCC) has said that the International Termination Rate (ITR) has been reviewed to N24.40 per minute.
The telecommunications regulator said in a statement on Saturday in Lagos, that the review of the interconnect charges was for inbound traffic.
“The Nigerian Communications Commission, on September 16, 2016 reviewed the termination rate for international inbound traffic from ¦ 3.90/min to ¦ 24.40/min.
“The interim rate will subsist pending the conclusion of the study of the Determination of Cost Based Pricing for Mobile Voice Termination Rates,” the commission said.
The Tide source reports that increase in the ITR can be traced to a recommendation in a publication prepared by NCC’s Policy, Competition & Economic Analysis Department in 2015.
The recommendation was based on the premise that telecommunications service providers and government might prefer higher rates that bring in hard currency and can fund investment; expand domestic network; fund innovation; and improve quality of service.
The department said that international termination rate had no impact on the domestic subscribers, hence, the need to review it.
“It would be in the interest of the economy to allow international traffic termination rate to be settled through negotiation and commercial agreement between the domestic service providers and international traffic carriers.’’
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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