NCC assures Meta of regulatory ease ahead landing 2Africa cable
Post AMUGEDecember 4, 2023
Business a.m. Reporter Ahead of the landing of Meta’s 2Africa undersea cable in Lagos and Akwa Ibom states, the country’s telecommunications industry regulator, the Nigerian Communications Commission (NCC) has told the American multinational company it would provide regulatory support to ease its operation as part of its broad support to all investors who play […]
Airtel Nigeria reports $1.55bn in revenue despite stifling regulatory environment on SIM registration
Charles AbuedeMay 12, 2021
Charles Abuede Nigeria’s leading telecommunications giant, Airtel Africa, has reported a 14.2 per cent year on year growth in its group revenue to $3.91 billion for the year ended March 2021. The growth in revenue, according to the wireless carrier was driven by 19.4 per cent growth in underlying constant currency revenue, partially offset by […]
MTN Nigeria reports strong 17.2% rise in revenue amid regulatory bottlenecks
Charles AbuedeMay 4, 2021
Active data users declined marginally by 71,000 to 32.5 million Declares profit before tax of N385.3bn Charles Abuede Nigeria’s leading telecommunication giant, MTN Nigeria, has announced a 33.9 per cent growth in its profit before tax to N102.9 billion during the first quarter of 2021 despite the regulatory directives which saw Nigeria’s Communications Commission (NCC) […]
Segun Ogunsanya now MD/CEO, Airtel Africa
Charles AbuedeApril 29, 2021
Charles Abuede Airtel Africa plc, a leading provider of telecommunications and mobile money services, has announced in a disclosure filed to the Nigerian Exchange the appointment of Olusegun Ogunsanya, the Managing Director and Chief Executive Officer, Airtel Nigeria as the new Managing Director and CEO of Airtel Africa Plc following the intentions of Raghu […]
MTN suspends USSD service
Wale AmeenApril 2, 2021
…urges subscribers to use alternate channels Wale Ameen Online Editor Nigeria’s largest mobile telecommunications company, MTN Nigeria has suspended the use of Unstructured Supplementary Service Data (USSD) on it’s network. Following this outage, mobile network subscribers on the MTN network will not be able to carry out USSD transactions like airtime top-up or transfers on […]
Airtel enters agreement to will out minority stake of its mobile money service to Mastercard for $100m
Charles AbuedeApril 1, 2021
Says transaction will be used to reduce Group debt and invest in network infrastructure Charles Abuede Following the recent acquisitions of a majority stake in Airtel Africa’s mobile money service by AMC BV for $200 million, Airtel Africa has announced the penned agreement which will see Mastercard, a leading innovator and global technology company in […]
Airtel signs sales agreement for its telecommunication towers in Madagascar, Malawi, Chad and Gabon
Charles AbuedeMarch 23, 2021
Charles Abuede Signs are beginning to play into reality in recent times for Airtel Africa, Africa’s leading provider of telecommunications and mobile money service with questions emanating from several quarters concerning an announcement by the company revealing its plans to sell out its telecommunications tower companies in Madagascar and Malawi to Helios Towers plc […]
Globacom launches Glo Smart Learning Suite to boost education in Nigeria
Aderemi OjekunleOctober 13, 2020
Saviour Adugba Nigerian indigenous telco Globacom has announced the availability of a new service dubbed Glo Smart Learning Suite aimed at helping to meet the e-learning needs of Nigerian students and institutions. In a statement made available to Business A.M., Glo said the Smart Learning Suite is made up of both an Enterprise Resource Planning […]
Lockdown: Airtel Nigeria partners FG to offer free online education
Omobayo AzeezMay 12, 2020
By Omobayo Azeez Airtel Nigeria says it is collaborating with the Federal Government to offer free qualitative education for students across the country during the COVID-19 lockdown period. Emeka Oparah, its director of corporate communications and corporate social responsibility (CSR) recently said this in Lagos. Oparah said the company had decided to waive data charges […]
MTN, Glo, Airtel, 9Mobile, ntel spam subscribers 85% of the time, says Truecaller report
Businessam StaffDecember 5, 2019
By Omobayo Azeez