Telecom Firms’ Operating Costs Increased By N265bn – NCC   The operating costs of telecommunication companies in Nigeria rose from N1.4tn in 2020 to N1.66tn in 2021, showing an increase of N265.25bn. This is according to the ‘2021 Subscriber/Network Data Annual Report’ by the Nigerian Communications Commission...

Data Cost: Telecom Firms Get 5 Days Ultimatum To Stop Illegal Deductions   The Minister of Communications and Digital Economy, Dr Isa Pantami, has ordered the Nigerian Communications Commission to implement a directive on the reduction of the cost of data in the country. The NCC was...

Telecom Firms Criticize Bank CEOs Over USSD Charges   Telecommunication companies on Tuesday said banks were the biggest beneficiaries of the USSD charges. They also accused bank executives of making unfounded allegations against them regarding the plans to start charging customers N4 for 20 seconds of the...

N55bn Infrastructure Decay As Telecom Firms Fold Up   Telecom facilities worth more than N55.43bn across the country are wasting as the firms that own them have folded up operations. The Nigerian Communications Commission has identified 693 abandoned masts and towers across the six geopolitical zones of...

Interconnect Debt: NCC, 2 Telecom Firms Sing Discordant Tunes   A breakdown in mobile communication between 46.6 million Globacom subscribers and MTN network users may persist as both network operators are not making moves to reconcile their differences. Globacom subscribers, in the past one week, have been...

The growing importance of social media platforms and apps as well as Internet voice applications has hit telecommunications firms hard, claiming a chunk of their revenue. The telecommunications industry in Nigeria, Africa’s largest economy, is projected to lose a total of N109tn ($386bn) in voice...