MTN Nigeria Communications (MTNN) Plc has reported a loss after tax of N392.7 billion for the first quarter (Q1) of 2024. The company experienced significant financial strain due to a continued depreciation of the naira, reporting a net foreign exchange loss of N656.3 billion in Q1, 2024, contributing to a record-high forex loss of N1.396 trillion since 2023. In response …

Telecommunications operators, including MTN Nigeria and Globacom have asked for Federal Government approval through the Nigerian Communications Commission (NCC) to raise their tariff. The development came after foreign exchange losses and rising energy costs forced some of the operators to post losses last year. The telcos’ proposal to raise their tariff came barely 24 hours after MultiChoice, a South African …

Telecom operators in Nigeria have insisted on calls for an upward tariff review in a move to offset the soaring costs of operation and investment in the sector. This demand comes after 11 years of stability in tariffs, during which the industry has faced significant increases in operational costs and investments in network expansion and upgrades. This disclosure was made …

Telecom operators yesterday renewed their push for end-user tariff hikes to reflect the cost of doing business. The operators, acting under the aegis of the Association of Licensed Telecom Companies of Nigeria (ALTON) and the Association of Telecom Companies of Nigeria (ATCON) in a joint statement asked for a cost-reflective tariff of services. They urged the Federal Government to protect telecom infrastructure …

Nigeria’s total active mobile subscribers reached 219.7 million in February 2024, as internet usage dipped to 694,804.54 terabytes (TB), new data from the Nigerian Communications Commission (NCC), has shown. This marks the country’s first internet usage decline in 11 months (since April 2023), when total usage stood at 556,540.42 TB. This represents a 3.70 per cent decrease from January’s 721,522 …

The Nigerian Communications Commission has directed telecommunication companies to extend the disconnection of telephone lines not linked to National Identification Numbers from 15 April 2024, to 31 July 2024. A reliable source within the telecommunication sector disclosed this information to Sunday PUNCH on Saturday. This decision communicated via a letter to telcos came after a careful consideration of various challenges …

Barring any last-minute change of mind, all subscribers with four lines and above whose SIM registration data failed to match their National Identity Number (NIN), data, will be barred today. This is as the Nigerian Communications Commission (NCC), has confirmed that it would not be reviewing its deadline to bar them today. A reliable source from the commission revealed that …

The Nigerian Communications Commission (NCC) has confirmed that telecom operators have barred all Subscriber Identification Modules (SIMs) which have yet to be linked to their owners’ National Identity Numbers (NINs). Last week, NCC gave the operators the go-ahead to block about 11.2m lines whose owners had failed to link them with their NINs.The commission’s directive followed the expiration of the …

Many subscribers to the MTN network in Nigeria are now stranded as the telecommunications giant disconnected their lines over failure to link their National Identity Numbers (NIN) to their Subscriber Identification Module (SIM) cards. This is coming after several warnings by the Nigerian Communications Commission (NCC) and the telecoms company that subscribers must link their lines to their NINs. On …

The Nigerian Communications Commission (NCC) has reiterated its directive to telecom operators to bar telephone subscribers not linked to their National Identification Numbers on or before 28th February 2024. NCC Executive Vice Chairman, Dr. Aminu Maida, spoke at the commission’s Special Day during the ongoing 45th Kaduna International Trade Fair on Wednesday. Maida, who was represented by NCC’s Director of …