FOR the past two weeks or more, customers of the
South African owned MTN network, have lamented
the price hike of recharge cards from the network.
N100 cards sell for N110, N200 for N220 and the
list goes on. Here, retailers, wholesalers and most
importantly, consumers voice their woes.



Madam Otobo a retailer in Agric, Ojo, Lagos, says:
“we buy N100 card for N100, from wholesalers how
can we now sell at the same amount? Do we sit all
day selling cards for charity? They then go and
place an advert that people shouldn’t pay more. It’s
not acceptable. Other cards are still normal price.”
Mr. Johnbull Agbarakwe, a subscriber in Ajegunle
said; “the solution can only be to stop patronizing
them. They have done this before and people
moved to other networks. They seem to forget so
soon that their monopoly was broken because of
their greed. Glo came with per second billing. The
last time they did this I bought an Airtel sim card,
now this.
“The only challenge is that people that use them for
browsing might find it difficult to use other
networks because of bonuses. They are probably
doing this to get back at government for the fine
they are currently paying. What they fail to realise is
that it’s the masses that suffer. The NCC cannot
say they are not aware of this. MTN is getting too
comfortable, we should continue to battle with
them till they stop taking us for granted.”

Seyi Akerele, a wholesaler in Surulere, Lagos,
proffering a solution said; “The solution might be
for the wholesalers to stop buying their cards.
Retailers are not united enough, if one doesn’t sell,
another would sell. By the time three to five
wholesalers refuse to pick up the cards for a week,
with the population in Lagos, I believe MTN will get
the message. They should know that they are not
the only network available us.”


Source:http://www.vanguardngr.com/2017/05/mtn-consumers-decry-recharge-cards-price-hike-stop-patronage/

mtn again

Na wa ooo, this OP is very very greedy and greediest. Only you create topic and still rush to comment.


Mtn: Those that retail recharge card de try ooo, that mark up is too small for business, they buy N970 then and sell N1000, Mtn too greedy and I confirm it.

Even at this present N110 they still make less profit.

mn..

Not MTN fault, we must blame our NCC directors and the communication minister, because they were all aware of all this rubbish MTN has been doing.

There was a time someone opened a thread here to attack Yoruba and Igbo traders in his vicinity for adding N10 to the price of their recharge cards. I tried to explain the situation to him but wouldn't buy it because an Hausa man was selling at the regular. Retailers are getting the card at a high price from dealers, which means the dealers/distributors are cheating on us or MTN increased the price of pins. I think the later is the reason.


Imagine buying 1K worth of recharge card at the rate of 980 and 990 in some cases. No incentive, no nothing.

Now retailers makes N10 or N20 after selling N1k recharge cards. How will they cope?

Just bought N600 card for N660. The solution is to recharge directly from bank account. Unfortunately a large % of the population can't do this for one reason or the other.