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The Punch

Nigeria's telecom sector faces crippling costs as operating expenses surge sharply.

Nigeria's telecom sector faces crippling costs as operating expenses surge sharply.

Nigeria's telecom sector is facing a significant threat from rising operating costs, including increasing fuel, power, and labor expenses. The surge in these costs has become overwhelming for most businesses in the country over the past two to three years.

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Nigeria's telecom sector is facing significant challenges as rising operating costs continue to mount, posing a substantial threat to the industry's sustainability. Over the past two to three years, businesses have been grappling with escalating fuel, power, labor, transportation, and equipment maintenance costs, which are further compounded by security expenses. This financial strain has resulted in increased pressure on telecom companies, potentially hindering their ability to invest in network upgrades and improve services. As a result, the sector's future growth and development remain uncertain.

rising costs threaten nigerias telecom
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