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Alibaba sets eyes on $15 bn Hong Kong listing

Chinese online retail titan Alibaba is hoping to raise up to $15 billion in a Hong Kong IPO, a report said Friday, which would be the city’s biggest listing for nine years. The share sale by Asia’s biggest company would also come as Hong Kong authorities battle months of sometimes violent protests that have dented […]

Georgia hit by massive cyber-attack

A huge cyber-attack has knocked out more than 2,000 websites – as well as the national TV station – in the country of Georgia. Court websites containing case materials and personal data have also been attacked. In many cases, website home pages were replaced with an image of former President Mikheil Saakashvili, and the caption […]

5G technology to be on trial for 3 months before approval – NCC

The Nigeria Communication Commission (NCC) on Monday said that the trial of 5G, the fifth generation network technology, would be on trial for three months in the country before actual approval and rollout. The Executive Vice Chairman of NCC, Prof. Umar Danbatta, said this on the sideline of the Mobile and Disruptive Technology (MoDITECH) Forum […]

ATCON seeks NCC’s autonomy on USSD pricing

Telecommunications operators have called on the Federal Government to allow the Nigerian Communications Commission (NCC) independence to enforce the legal determination of the USSD pricing that was approved to be effective from September 1. The operators, under the aegis of the Association of Telecommunications Companies of Nigeria (ATCON), said the banks should only be allowed […]

NCC grants Airtel permission to disconnect GLO network

The Nigerian Communications Commission (NCC) has granted Airtel Networks Limited an approval to partially disconnect Globacom from its network. “The Commission having examined the application and circumstances surrounding the indebtedness determined that the affected operator does not have sufficient reason for non-payment of interconnect charges,” NCC spokesman Henry Nkemadu said in a statement. “All subscribers […]

Confusion, anger as telcoms charge N4 for banking services

Beginning from today, Nigerians who use financial institutions’ unstructured supplementary service data (USSD) platforms to transfer money from one point to another are expected to incur additional charges for such services. The USSD services include the GTB’s *737#; First Bank’s *894#; Fidelity Bank’s *770#; Access Bank’s *901#; and UBA’s *919# that run on telecoms’ operators […]

E-waste menace rises, only 20% gets recycled

Discarded electrical and electronic equipment (such as phones, laptops, fridges, sensors and TVs), which is referred to as e-waste is becoming a huge problem, needing urgent intervention globally. According to the International Telecommunications Union (ITU), e-Waste is a growing challenge, matching the growth of the information and communication technology (ICT) industry. ITU informed that approximately […]

Operators deplore N221 billion loss in telecoms industry

Players in the Value Added Service (VAS) segment of Nigeria’s telecommunications market have decried the adverse impact of the ‘Do-Not-Disturb’ (DND) activation on their operations nationwide. According to the operators, under the aegis of Wireless Application Service Providers Association of Nigeria (WASPAN), activities of the DND had cost them N221 billion in the last two […]

Mobile network operators’ assets in Nigeria hit N1.95 trillion

Total assets base of mobile operators in Nigeria increased by 130 per cent between 2017, and 2018, hitting N1.95 trillion last year, from N847.97 billion.These assets include all facilities that make communications seamless in Nigeria, like the base transceiver stations, fibre cables, network operation centre, data centres, among others. According to the 2018 Subscribers/Network Data […]