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The Termination Rates for voice services provided by New Entrants and Small Operators in Nigeria irrespective of the originating network shall be:
- N6.40 from 1st April, 2013;
- N5.20 (Five Naira Twenty Kobo) from 1st April, 2014; and
- N3.90 (Three Naira Ninety Kobo) from 1st April, 2015.
- N4.90 (Four Naira Ninety Kobo) from 1st April, 2013;
- N4.40 (Four Naira Forty Kobo) from 1st April, 2014; and
- N3.90 (Three Naira Ninety Kobo) from 1st April, 2015.
It also said that for the purpose of determination, “small operator” could be defined as an existing operator with a market share of 0 – 7.5% in terms of subscriber base.
The current rate, which has attracted several hues and cries from smaller operators since it came into operation, was fixed at a uniform N8.20 per minute.
Interconnect rate represents the cost of terminating a call on another network. In other words, it is the rate that a network operator that originates a call pays to the operator on whose network the call is terminated.
The interconnect rate is important in telecommunications because it helps in defining tariffs for calls that involve at least two networks.
