Business
Nigerian Telcos Record 40.8% Drop in ARPU
Nigerian telcos face a 40.8% drop in Average Revenue Per User (ARPU) as operational costs soar. MTN Nigeria and Airtel Nigeria suffer declining profit
19 November 2024
Telecom
Business
MTN Nigeria Declares Q3 2024 Profit After String of Losses
MTN Nigeria bounces back with a Q3 profit of N4.13 billion, supported by resilient data and service revenue despite naira devaluation
31 October 2024
Business
Telecoms Sector May Face Divestment Crisis Without Prices Review, Warns MTN CFO
MTN CFO, Mr. Module Kadri, warns of a potential divestment crisis in Nigeria’s telecoms sector if service prices are not reviewed
16 October 2024
Business
Telecom Companies Advised To Adopt Tiered Pricing Model.
Dr. Ayotunde Coker advocates a tiered pricing model for Nigerian telecom operators to address inflation and ensure service affordability for all.
23 September 2024
Business
Starlink Makes Plans To Rollout Mobile Service Soon – Elon Musk
Elon Musk announces Starlink’s plans to roll out mobile services soon, offering global connectivity. Learn about the upcoming launch and how it will revolutionize mobile communication.
2 September 2024
Business
MTN Nigeria Plc post 786 billion naira profit for Q2 2024
MTN Nigeria posted a pre-tax loss of N175.6 billion for the quarter (Q2 2024) showing a 38% improvement from the N282.3 billion naira loss posted in Q2 2023.
31 July 2024
Business
Telecom’s giant 9Mobile acquired by LH Telecommunications
this new deal will actualize the ownership and control of 95.5% of 9Mobile to LH Communications, a new investor which plans to commit more funds into the development
30 July 2024
Business
Banks and telecom companies to leverage AI for service delivery
Banks, telecoms, discos, and other industries in Nigeria are leveraging AI to increase productivity and maximize profits
29 July 2024
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