Telcos Recover N107bn from Banks for USSD Debt
The long-term dispute between telecommunications operators and commercial banks over unpaid Unstructured Supplementary Service Data fees appears to be drawing to a close, as telecom companies confirm the recovery of 95 per cent of the N180 billion...
Tariff Hike: Telcos Warn of Imminent Shutdown
Nigerian telecom operators have issued a stark warning, cautioning that a delay in reviewing tariffs beyond the first quarter of 2025 could have severe repercussions, including undermining the sector's growth prospects, destabilizing operations, and diminishing its economic contributions.
For the...
N130bn USSD Debt: Telcos Threaten Court Action Against Banks
Telcommunications operators (Telcos) under the aegis of the Association of Licensed Telecoms Operators of Nigeria (ALTON), have threatened to drag Nigerian banks to court over the unpaid Unstructured Supplementary Service Data (USSD), which has accumulated over...
NITDA: Telecom Operators Seek Exclusion From Bill
Telecommunication operators under the aegis of the Association of Licensed Telecommunications Operators of Nigeria have asked the National Assembly to exclude them from any regulatory powers that will be given to the National Information Technology Development Agency through...
USSD: Banks, Telcos Meet As Debt Hits N100bn
The accumulated debt from Unstructured Supplementary Service Data which Deposit Money Banks owe telecommunication firms has risen to over N100bn.
As a result, banks and telcos are expected to hold another round of meetings with a view to...
Telecom Base Stations Fuel Cost Now N400bn - NBS
The cost of powering telecommunication services has hit N33.47bn per month following a 55.16 per cent year-on-year increase in the cost of diesel.
According to the National Bureau of Statistics, the cost of diesel rose to N836.81...
