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Telcos seek price hike, present demand to lawmakers
Telecommunications

Telcos seek price hike, present demand to lawmakers

Telecommunications companies have pushed their demand for higher call and data rates to the House of Representatives. The Punch reported that the telecoms claimed that the cost of conducting business in the country has dramatically increased recently, adversely affecting their enterprises. In their testimony to the House Committee on Communications, the telcos made this disclosure through […]

Nigeria has best return on investments, Tinubu tells Indian investors
featured

Tinubu suspends 5% telecom tax

President Bola Tinubu has signed four executive orders, including the suspension of the 5% excise tax on communications services and the rise of excise duty on domestically manufactured goods. The president’s special assistant on special tasks, communications, and strategy, Dele Alake, revealed, this to state house correspondents on Thursday. The telecom tax was part of the new […]

Minister of Communications and Digital Economy, Isa Pantami
Business

Pantami urges firms to disregard telecom tax

The Minister of Communications and Digital Economy, Isa Pantami, has urged stakeholders in the telecom industry to disregard any attempt to impose a five per cent excise duty on telecom services. The Punch reported that Pantami emphasised the sector’s exemption from excise duty tax with approval from the President, Major-General Muhammadu Buhari (retd). According to […]

No plan to sue Nigerian govt - Huawei
Telecommunications

Telecom workers threaten to embark on three-day strike

Bisola David   Huawei Technologies Company Limited has been served with a three-day warning strike notice by the Private Telecommunications and Communications Senior Staff Association of Nigeria due to suspected anti-labor activities.   Huawei is a major supplier of smart products and ICT infrastructure worldwide.   In a letter to the company, the general secretary of […]

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 […]

News

Yuletide: MTN, Airtel, others to earn big on increased call, data

  Telecommunications operators in Nigeria are expected to earn more revenue as a result of a projected rise in calls and data usage this festive period. According to Nairametrics, the financial records of MTN and Airtel, two of the country’s largest telcos, higher customer spending in December has always had a beneficial influence on their […]

Telecommunications

ATC Africa announces partnership with Power X

The African division of American Tower Corporation and PowerX recently announced a strategic partnership that will optimize energy use at tower sites and bring to Africa’s telecommunications industry the significant efficiency and environmental benefits of PowerX’s artificial intelligence solutions. Following a fruitful cooperative initiative, ATC Africa started using PowerX’s AI analytics at a few sites […]

Telecommunications

Tariff hike: Telcos fume as FG orders reversal

  The decision of the Federal Government to order a reversal of the recent 10 per cent tarrif hike has left telecommunication companies fuming. By implication, Telcos like MTN Nigeria and Airtel, who had previously raised the cost of their data bundles by roughly 10%, will now need to go back to their previous prices […]

Telecommunications

Nigerians to pay more as telcos plan 40% tariff hike

Telecommunication companies are proposing a 40 per cent increase in the cost of calls, SMS, and data to the Nigerian Communications Commission as a result of the rising cost of running a business in the nation. Based on their proposal, the price floor of calls will increase from N6.4 to N8.95 while the price cap […]

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