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Telecoms Investment Surpasses $70bn In A Year – Danbatta

Telecoms Investment Surpasses $70bn In A Year - Danbatta The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta has put the value of the contribution of the telecoms sector to the country’s Gross Domestic Product (GDP) at over $70 billion. Danbatta,...

NCC Sets To Settle N165bn Interconnect Debt In July

NCC Sets To Settle N165bn Interconnect Debt In July The Executive Vice Chairman, Nigerian Communications Commission, Umar Danbatta, has said telecommunications companies in the country have agreed to settle the N165bn interconnect debt owed each other. Danbatta made this known when the President, Association of Telecommunications...

MTN Pays N165bn Out Of N330bn Fine – NCC

MTN Pays N165bn Out Of N330bn Fine – NCC   The Nigerian Communications Commission (NCC) has said that MTN had paid N165 billion out of the N330 billion fine imposed on it due to its inability to disconnect improperly registered SIM cards. Umar Danbatta, Executive Vice Chairman...

NCC, CBN To Sign MoU To Curb Electronic Banking Fraud

NCC, CBN To Sign MoU To Curb Electronic Banking Fraud The Nigerian Communications Commission, NCC, is set to sign a memorandum of understanding (MoU) on measures to curb electronic banking frauds through mobile phones and the internet. The Head of Zonal Operations Department in the NCC,...

Recession: MTN Losses $200m in 2016

South African telecoms giant MTN said Thursday that it made a $200m loss in 2016 – the company’s first – after suffering a huge fine in Nigeria and currency challenges in key markets. “MTN Group’s financial results for 2016 reflect the most challenging year in...

Telecoms subscribers hit 153m, Airtel tops

Telecommunication provider Airtel topped the chat of new subscribers for the month of September with 400,847 new subscriptions. The number topped Globacom who recorded 215,700 new subscribers for the month under review. MTN was next with 60,558,569 and Etisalat recorded 64,870 new subscribers. The figure...