In spite of challenges, global telecoms industry revenue rose 4.3 per cent in 2023 to hit $1.1 trillion by 2028– even as Fifth Generation (5G) subscriptions are projected to quadruple by that year. PwC, in its ‘Global Telecoms Outlook’, said global telecoms revenue is projected to rise at a Compound Annual Growth rate (CAGR) of…
Last year, Nigeria’s telecom sector suffered over 50,000 fiber cuts across the country with ripple effects on service quality and huge financial losses to the mobile network operators (MNOs) via remediation and restoration. Of these cuts, 30,000 were blamed on federal and state road construction activities, telecom sector regulator, the Nigerian Communications Commission (NCC), has…
A 50 per cent tariff hike in end user tariffs of telecom services in Nigeria will spur business expansion, potentially reducing poverty levels in Africa’s most populous nation, Global System for Mobile Communications Association (GSMA), has said. Its head of sub-Saharan Africa, Angela Wamola, who spoke during a virtual press conference, said private capital will…
Telecom operators have rejected the call for mass action called by the organised Labour the Nigerian Labour Congress (NLC). The mobile network operators (MNOs) also said they have shared their tariff templates with the Nigerian Communications Commission (NCC) with a view to getting approval before implementation. The telcos argued that the NLC leadership ought to…
Senior workers in the telecom sector has faulted the call by the Nigerian Labour Congress (NLC) for mass protest against the approval of 50 per cent hike in end user tariffs of telecom services in the country by the Nigerian Communications Commission (NCC). They accuse the leadership of the Congres of taking decisions without consulting…
Following the recent approval of 50% adjustment in telecommunications tariffs by the Nigerian Communications commission (NCC), the Federal Competition and Consumer Protection Commission (FCCPC) has urged consumers to report any unfair practices or concerns through its official channels to ensure effective resolution. The FCCPC, in a statement by its Director, Corporate Affairs, Ondaje Ijagwu, while…
The Association of Telecommunications Companies of Nigeria (ATCON) yesterday sought clarity from the Nigerian Communications Commission (NCC) over its approval for 50 per cent hike in end user telecom tariffs, arguing that it’s a matter of law. Recall the mobile network operators (MNOS) had requested for a 100 per cent tariff hike but the regulator…
After a prolong agitation for an increase in end user telecom tariffs in the country by mobile carriers, regulator of the sector, Nigerian Communications Commission (NCC) has approved a 50 per cent hike. And like a red rag to a bull, telecom subscribers have kicked against the approval which they said reflected the fact that…
The Nigerian Communications Commission (NCC) acquiesced to the demand of mobile network operators (MNOs) to suspend debtor money deposit banks (DMBs) such as Zenith Bank, UBA, FCMB and six others, after attempts at a peaceful resolution of the conflict over cash to be paid for USSD sessions fell through. USSD or Unstructured Supplementary Service Data…
