Ricochet News

MTN hikes contract rates - blames recurring load shedding (see new rates)

Apr 16, 2015
MTN hikes contract rates - blames recurring load shedding (see new rates)

MTN contract subscribers will now have to dig deeper into their already tight pockets as the mobile network joins Vodacom and Cell C in hiking contract and data prices. 

Cell C was the first to increase pricing on its range of voice contracts in February. It was followed by Vodacom's announcement last month.

In an official press statement released this afternoon, MTN cites loadshedding and the need to outfit its base stations with measures to ensure they remain operational during loadshedding as one of several reasons for the increase.

MTN said that it “…has not increased contract subscription prices for over a decade despite rising operational costs, distribution costs, transport costs, handset price increases, infrastructural costs, falling exchange rates and an increase in taxes.

“Recently, MTN has had to invest substantially in generators and back-up batteries to power its base stations during power outages. All these cumulative costs have compelled the operator to review its pricing as the last resort.”

Prices are set to increase in 20 days from the announcement, allowed under the Consumer Protection Act and provisions within MTN’s own Subscriber Agreement terms and conditions. 

Below you’ll find the table MTN sent over detailing the new prices.

New MTN Contract Prices