Two Telcos Generated N2.02trn From Airtime, Data In 2021   MTN Nigeria Communications Plc and Airtel Nigeria both generated N2.02tn from airtime and data revenues in 2021, according to the financial statements of the two companies obtained by our correspondent. The amount indicates a 20.01 per cent...

6.6 million Nigerians Become MTN Shareholders   MTN Nigeria Communication Plc has said it now has 6.6 million Nigerians as direct or indirect shareholders as it made N111.75bn from its share offer to Nigerians. The telecommunications company said this in a statement titled ‘Results of the series...

Fed Govt To Pocket N227bn As MTN, Mafab Win 5G Licence   Nigerian Communications Commission (NCC) has declared MTN Nigeria and Mafab Communications winners of the two slots of the 3.5GHz spectrum auction for the Fifth Generation (5G) network licenses for a total fee of $546m...

MTN Pays N71.6bn For Spectrum Licence Renewal       The Nigerian Communications Commission has renewed the Unified Access Service licence and spectrum licence for wireless local loop in the 900MHz and 1800MHz band of MTN Nigeria. MTN made this known in a statement signed by the company secretary,...

We Made N95.5bn Advance Tax Payment To Support FG’s Revenue — MTN       Telecommunication giant, MTN Nigeria, has disclosed that it agreed to make an advance tax payment of N95.5bn between March 2021 and June, 2021, ahead of the established deadline to support government’s revenue drive. MTN...

Two Major Telecoms Operators Attract Fresh N822.66bn       Two major telecoms operators, MTN Nigeria and Airtel Africa Plc, have attracted a total of $2billion (approximately N822.66billion) funds into their operations. This is even as foreign direct investments (FDIs) into the industry dipped sharply by 78 per cent...