Nigerian IT firms may take 30 years to hit $1trn valuation
Aspirations of Nigerian firms, cum Africa, especially those in the technology space to hit the $1 trillion market valuation like Apple and Amazon, may not happen until 2050. This is the submission of industry experts, who spoke with The Guardian. To them, the fundamentals in the country have not shown anything promising, but more or…
ATCON’s chronicle of telecoms revolution
The date, July 27, 2018 will be remembered for a long while in the history of telecommunications in Nigeria. That was the date that the Association of Telecommunications Companies of Nigeria...
Experts urge NCC, NFMC to enable TV white space for broadband penetration
Telecommunications experts have urged Nigerian Communications Commission (NCC) and National Frequency Management Council (NFMC) to expedite action in the licensing...
ATCON urges FG to reintroduce indigenization policy
Association of telecommunication companies of Nigeria (ATCON) has urged the federal government of Nigeria to reintroduce the indigenization policy in the form of local contents policy if we are to eradicate unemployment in the country.
Harmonisation of telecoms taxes critical to operators survival, says Teniola
Finally, optic fibre networks are now randomly cut many times during the day and this also results in poor quality of services. The Federal Government needs to accelerate and execute the Critical National Infrastructure (CNI) Bill into law to ensure the full protection of all telecoms and ICT equipment to reverse the QoS trend.
‘Capital importation may fall further in telecoms sector’
Capital importation of telecommunications companies, which fell by 94 per cent in second quarter, may fall further, if the economy continues its steep fall. Capital importation is divided into three main investment types: Foreign Direct Investment (FDI), Portfolio Investment, and Other Investments, each comprising various sub-categories. The National Bureau of Statistics (NBS) report for…
35% drop in investment hobbles rural telephony
Expansion of telecommunications services by network operators to rural areas has slowed down drastically.
Teleology Holdings to conclude 9Mobile transaction tomorrow
The 90-working days given Teleology Holdings to conclude the deal for take-over of 9Mobile would lapse tomorrow as the telecommunications industry eagerly awaits a new dawn for the troubled firm. Although, there have not been any formal notifications from the regulators to confirm payment of the outstanding $251 million, sources close to Teleology said the…