Telecoms Operators Want 30% Of CBN N15tr Infrastructure Funding

telecom

. NITDA claims ICT key to post-COVID-19 recovery Telecommunications operators have called on the Central Bank of Nigeria (CBN), to channel 30 percent of the N15 trillion consortium it announced recently to boost infrastructure development in Nigeria, especially telecoms. The Chief Executive Officer, Medallion Communications Limited, Ikechukwu Nnamani, made this call at the Sectoral Virtual Forum 2020, organized by the Association of Telecom Companies of Nigeria (ATCON). He argued that it would be unfair for the apex bank to devote the N15 trillion into building transportation infrastructure alone, leaving the…

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Twitter, TikTok Consider Merger

twitter and tiktok

Twitter is in preliminary discussions for a possible combination with TikTok, the Wall Street Journal reported Saturday after US President Donald Trump said he would ban the app, calling it a threat to national security. Trump declared Thursday that the popular Chinese video app TikTok and social network WeChat “threaten the national security, foreign policy, and economy of the United States.” In an executive order, Trump gave Americans 45 days to stop doing business with the platforms, effectively setting a deadline for a sale of TikTok by its Chinese parent…

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NCC Fines Operators N25m For Illegal Use Of Spectrum

NCC

The Nigerian Communications Commission (NCC) has slammed N25m fine on operators using the 5.4GHz Spectrum Frequency illegally. As part of its enforcement exercise carried out in 2018, the commission in its Compliance Monitoring and Enforcement report for Q4 2019 released on Friday, said five companies were discovered to be using the spectrum illegally. The commission identified the companies as Priority Communications, Entouche Networks, Futurecom, KKON Technologies, and Spar. The telecoms regulator said it charged the companies to court but they pleaded for leniency and requested an out-of-court settlement. “Arising from the…

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FG Orders NIPOST To Suspend Increase In Courier Licence Fees

Nipost

The Minister of Communication and Digital Economy, Dr. Isa Pantami, on Saturday ordered the suspension of an increase in license fees for courier and logistic services planned by the Nigerian Postal Service (NIPOST). “Our attention has been drawn to an increase of license fee, which was not part of the regulation I earlier APPROVED for you,” Pantami said via his verified Twitter profile. “Your Chair and PMG were contacted to put the implementation on hold and send a report to our ministry by Monday. Best wishes!” The Minister added that…

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NCC Fines Telcos N25m For Illegal Use Of 5.4GHz Spectrum

danbatta

Five telecommunications companies have been sanctioned by the Nigerian Communications Commission (NCC) for illegally using the 5.4GHz to provide services. The five companies, which include Priority Communications, Entouche Networks, Futurecom, KKON Technologies & Spar, are to pay N5 million each for the contravention. Spectrums are government resources managed and licensed to operators for services delivery by NCC. However, some companies and government agencies are said to be using the resources without acquiring the license for it. NCC, in its latest enforcement report, disclosed that the five companies were earlier charged…

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NCC Gives Operators 72 Hours To Resolve Subscribers’ Internet related complaints

NCC logo

The Nigerian Communications Commission (NCC) has revised the framework for resolving consumer complaints on service delivery by telecom operators, saying internet-related complaints must be resolved within 72 hours or erring operators face sanctions. This is coming on the heels of Senate confirmation of the Executive Vice Chairman, EVC of the commission, Prof Umar Danbatta for a second term in office. Although revision of the service level agreements was done in November 2019, Danbatta who appears smoking with action after the confirmation is bringing it into full force. He said the…

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Q2 Media Audit Report: Agency Highlights Media Performance of Nigerian Banking and Insurance Industry.

Media report

ThisDay Newspaper was the most sought after publication for banks, as BusinessDay Newspaper was the most sought after publication for insurance companies in terms of placement of adverts in the media. This was clearly analyzed by P+ Measurement Services, Nigeria’s foremost PR Measurement, and Evaluation agency. The report, based on the research data for advert and editorial analysis had an error margin of 5% at 95% confidence level and in Q1 and Q2 2020, a total of 3,360 publications were monitored. A Senior Media Analyst at P+ Measurement Services said:…

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NCC Begins Implementation of Accounting Separation Framework in Telecoms Industry

Umar garba Danbatta

The Nigerian Communications Commissions (NCC) has commenced the creation of an enabling environment for competition among operators in the industry to ensure the provision of qualitative and efficient telecom services as stipulated in the Nigerian Communications Act (NCA), 2003. In order to further ensure transparency and accountability in regard to effective regulation and prevention of anti-competitive behavior, the NCC has also commenced the implementation of the Accounting Separation Framework (ASF) in the Nigerian telecoms industry effective from July 15, 2020 The policy document, “Determination on the Implementation of an Accounting…

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MTN, Samsung Support Fight Against COVID-19 with Communication Gadgets And Sim Cards

MTN

As part of the ongoing drive to support the Federal Government’s continued effort against the spread of the coronavirus, Samsung and MTN Nigeria have provided communication support to health workers across the country. Five hundred A2 Core phones from Samsung together with SIM cards and 2GB data monthly for six months from MTN will be given to case managers in the isolation centres across the 36 states of the country as well as the Federal Capital Territory (FCT). This donation eases the process of data capturing and case reporting in…

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MTN Nigeria Looks to Rural Connectivity, Backhaul to Balance Earnings

Ernest Ndukwe

MTN Nigeria is looking at improved pricing, increased focus on rural connectivity and backhaul in its network in the longer term to make up for an anticipated drop in its earnings, according to a statement from the telecommunications services provider. Uto Ukpanah, company secretary, MTN Nigeria, said the drop follows an amendment to a service agreement in place with tower services provider IHS. The change in the agreement, which has been in place since 2014 when MTN Nigeria chose to sell its passive infrastructure (including towers) to IHS, entails expanding…

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