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Tag: Telcos

Nigeria’s telecom records growth as mobile subscriptions rise to 169.3m
featured

Telcos propose 100% tariff hike

Nigerian telecommunications companies have requested a 100% tariff increase to cope with rising operational costs, such as inflation and higher service delivery expenses. This was disclosed by the Chief Executive Officer, MTN Nigeria, Karl Toriola, during an interview on Arise TV on Thursday. The CEO however noted that it is still unclear whether the Nigerian […]

Nigerians spent N2.6tn on data, airtime in nine months - Report
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Telcos seek solution to N250bn USSD debt

The Association of Telecommunications Companies of Nigeria has urged industry regulators to implement clear and effective solutions to resolve the long-standing N250bn debt owed by banks to telecom operators for Unstructured Supplementary Service Data services. The President, Tony Emoekpere emphasized the urgent need for clear solutions, warning that the N250bn USSD debt crisis jeopardizes the […]

Nigeria’s telecom records growth as mobile subscriptions rise to 169.3m
featured

Telcos face investment decline amid dwindling economy

Nigeria’s Telecommunication industry is suffering from a significant drop in investment as the country’s deteriorating economic realities keep the sector under strain. Due to declining revenues and growing costs, the industry—which is essential to Nigeria’s digital transformation and economic growth—is finding it difficult to draw in and hold on to investments, according to The Punch. […]

NCC, Telecom operators urge states to review policies for broadband expansion
Business

Telcos lost 12 million subscribers in 2021 over NIN-SIM linkage 

Telecommunication companies lost a total of 12 million internet subscribers in 2021 owing to the policy of  National Identification Number and SIM linkage.   This was according to the Nigerian Communications Commission in its latest report released on Friday titled, “2021 subscriber/network data annual report.”   The report revealed that internet subscribers in 2021 declined […]