Telcos Archives - AM Business

Nigerian telecom users may pay higher charges in new tax law

Telcos face 33 network outages in May

Nigeria’s telecommunications industry faced significant disruptions in May, with 33 major network outages reported across the country, driven by vandalism, fibre-optic cable cuts, and persistent power shortages, according to data from Uptime, the Nigerian Communications Commission’s outage reporting portal. All four major operators—MTN, Airtel, Globacom, and 9mobile—experienced service disruptions, impacting millions of subscribers with dropped […]

monwubukepdnlimited-com
22nd May 2025
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Telecommunications

Telcos to host virtual network operators summit

Nigeria’s telecom sector is set for a major milestone as Africa Hyperscalers hosts the MVNO Nigeria 2025 summit on May 21 in Lagos, following the issuance of 43 new Mobile Virtual Network Operator licenses. Titled “Unlocking Growth, Competition & Connectivity,” the high-level event will bring together industry leaders to explore the opportunities and challenges shaping […]

monwubukepdnlimited-com
19th May 2025
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Nigeria’s telecom records growth as mobile subscriptions rise to 169.3m

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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 […]

monwubukepdnlimited-com
3rd January 2025
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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 […]

monwubukepdnlimited-com
23rd December 2024
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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. […]

monwubukepdnlimited-com
18th August 2024
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NCC, Telecom operators urge states to review policies for broadband expansion

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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 […]

oojopdnlimited-com
11th March 2023
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38 Views

UK store plans rescue strategy to avoid closure,

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