Business

Vitel Wireless Debut as First MVNO to Release Assigned Number Series from NCC

Vitel Wireless (Vitel) becomes the first Mobile Virtual Network Operator (MVNO) in Nigeria to be assigned a mobile number series by the Nigerian Communications Commission (NCC), marking a key milestone in the country’s telecoms industry. According to the company, the assignment of mobile number series 0712 to Vitel Wireless represents a watershed moment in Nigeria’s expanding […]

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Financial

Airtel Africa Records Impressive Financial Performance of  20.4% Revenue Growth as Customer Base Hits 163 Million

It was a resounding bells of a successful performance for the Airtel Africa Plc brand as recorded in its nine-month period ended 31 December 2024, which was released today. According to the pan-Africa telecoms operator, it grew its revenues of $3,638m by 20.4% in constant currency but declined by 5.8% in reported currency as currency […]

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Telecoms

Nigeria’s Telecoms Tariff Hike and NCC’s Commitment to Industry Sustainability

In the heart of Nigeria’s digital economy, a story of patriotism and resilience unfolds. The telecommunications sector, a driving force behind the country’s growth, has been facing unprecedented challenges. Despite its significant contributions to Nigeria’s social and economic development, the sector has been struggling to keep up with the rising costs of operations. For nearly […]

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Business

African Countries Lack Skills in New Technologies, Says ITU

The International Telecommunications Union (ITU) is raising concerns about Africa’s lack of advanced digital skills in new technologies such as artificial intelligence (AI), big data analytics, and Internet of Things (IoT), as well as inadequate digital infrastructure, which includes connectivity infrastructure, data centres, and computing devices. In an interview with ITWeb Africa, Dr. Cosmas Luckyson Zavazava, ITU’s […]

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Telecoms

IHS CEO, Mohamad Darwish, First Bank’s Olusegun Alebiosu to Serve in NESG Board

The Nigerian Economic Summit Group (NESG) has announced the appointment of three leaders, Mr Wole Adeniyi, Mr Mohamad Darwish, and Mr Olusegun Alebiosu, to its board of directors. These appointments reflect the NESG’s steadfast dedication to promoting visionary leadership and strengthening partnerships with key business leaders and private sector stakeholders. The addition of these accomplished […]

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Business

Telecoms Operators to Spend $6.3bn Over Next Six Years to Develop & Implement Quantum key Distribution

Telecoms market stakeholders will invest a cumulative spend exceeding $6 billion on developing and implementing quantum key distribution (QKD) between 2025 and 2030. QKD is a communication method that leverages quantum mechanics to create encryption keys that are unable to be intercepted by fraudulent players; increasing the security of network transmissions. Experts in IoT markets […]

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Business

Web3’s Dark Future-Quantum Computing, AI & Metaverse Fuel Perfect Cyberattacks

The financial and operational damage caused by data breaches is poised to worsen dramatically, fueled by advancements in quantum computing, Metaverse and artificial intelligence (AI). A global study conducted by post-quantum security pioneers Naoris Protocol reveals that the average cost of a data breach could climb to $5.3 million within five years, up from the […]

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Telecoms

Nigeria to Top Africa’s Smartphone Market with 230 Million Connection by 2030 Amid Inflation, Currency Volatility, Says GSAM Report

Nigeria will top five smartphone markets in Sub-Saharan Africa by 2030 leading with 230 million smartphones connections but inflation and currency volatility will pose challenges to the sector. According to the Global System for Mobile Communications (GSMA) in its Mobile Economy Sub-Saharan Africa 2024, the telecoms industry in Sub-Saharan Africa will face significant challenges, driving […]

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Business

Backlashes, Outrages Trail 50% Telecoms Tariff Hike as Telcos, Others Hail Govt’s Decision

Backlashes, outcry and outrage are just the reactions of all critical stakeholders that followed the Federal Government’s approval of 50 per cent hike in telecommunications tariff, a development that experts believed could further compound the inflation crisis. The Nigerian Communications Commission (NCC), had in a statement given the telecoms operators approval to increase their tariff […]

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Business

Truecaller Updates App to Fit-in iPhone Users, Pledges Real-time Caller ID & Spam Blocking 

AMA PRESS RELEASE Truecaller, the global communications platform, has made the biggest ever update for iPhone. The new update now offers the entire might of Truecaller’s spam and scam blocking abilities to iPhone users everywhere! It now has the ability to identify all types of calls making it at par with its Android counterpart. This […]

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