Nigerian telcos may move to block online calls to restore revenue

Nigerian telecommunication companies are looking for ways to boost revenue as every for-profit business should and this may lead to them blocking apps which allow online calls.

With the increased access to voice and video calling on apps like Skype, FaceTime and Whatsapp, telcos have lost out on money they once made from international telephone calls and according to PUNCH they are ready to block these apps to secure the money they have lost out on.

“It is an aggressive approach to stop further revenue loss to over the top players on international calls, having already lost about N100tn between 2012 and 2017,” a manager at one of the major telecos in the country reportedly said.

Reportedly speaking on the condition of anonymity, the manager went on to claim that, “If we fail to be pro-active by taking cogent steps now, then there are indications that we may lose between N20tn and N30tn, or so, by the end of 2018.”

Read further on PUNCH.