Connect with us

Telecom

Etisalat Group Severs Ties with EMTS

Published

on

Mr. Hakeem Bello Osagie

The United Arab Emirates-based Etisalat Group said it will terminate all rights granted to the Emerging Markets Telecommunication Services Limited (EMTS) and EMTS lenders to use its Etisalat brand on Friday, July 21, 2017.

The Group, in a letter with reference number HO/GCFO/152/105, which was addressed to the Director General of the Abu Dhabi Securities Exchange and signed by Serkan Okandan, Etisalat Group’s Chief Financial Officer, on Thursday said it had become necessary to terminate the rights “since EMTS and the EMTS lenders have decided not to proceed with these negotiations and to use a new brand.”

“Further to our announcement dated July 10, 2017, Emirates Telecommunications Group Company PJSC “Etisalat Group” would like to inform you that Etisalat Group has entered into extensive negotiations with Emerging Markets Telecommunication Services Limited “EMTS” and the EMTS Lenders under the defaulted facility agreement, in connection with putting in place interim agreements for technical services, strategic procurement support and the use of Etisalat brand (and related IP rights).

“The purpose of these agreements was to allow for an organised transition to a new brand without adversely impacting EMTS’ ability to operate in the normal course.

“However, EMTS and the EMTS Lenders have since decided not to proceed with these negotiations and to use a new brand.

“Accordingly, the rights granted to EMTS to use the Etisalat’s brand (and related IP rights) by EMTS Nigeria will terminate as of 21 July 2017.

“Should there be any material developments on this subject, a further announcement will be made in accordance with applicable Securities and Exchange rules and regulations.”

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

Continue Reading
Advertisement
Comments

Telecom

Reps Query Non-Patronage of Nigeria’s Multi-Billion Satellite

Published

on

Committee on Information Communication Technology of the House of Representatives has been mandated the to investigate the cause of non-patronage of the multibillion Nigeria Communications Satellite Limited.

 

The committee is also to proffer solutions and report back to the House within four weeks for further legislative action.

 

The House resolution followed a motion sponsored by Honourable Danasabe Hosea entitled, “Need to Investigate the Non Patronage of the Nigerian Communications Satellite Limited (NIGCOMSAT)”.

 

The lawmaker recalled that the Federal Government had contracted Kosmo – 3m Rocket from Russian Plesetsk Spaceport to launch its first Earth Observation Satellite, the Nigeria – 1 on September 17, 2003, at the cost of ₦30 million.

 

He added that, “Nigcomsat – 1 Communications Satellite was launched in China at the cost of ₦200 million, but it failed in orbit in 2008 after running out of power, owing to an anomaly in its solar array.

 

The Federal Government he added that, had, since 2003, spent about ₦85 billion on five Satellites which were meant to provide communication data and images for government agencies and the private sector with the aim of saving billions of foreign exchange and generating revenues estimated at $ 20 billion for the country.

Continue Reading

Telecom

NCC Set To Dump Paper Numbering for Automated Numbering System, Meets Stakeholders

Published

on

Nigerian Communications Commission (NCC) yesterday held a consultative forum with a broad spectrum of stakeholders as part of the processes planned towards the introduction of an automated numbering system in Nigeria.

 

This is Consistent with the commission’s distinctive tradition of broad spectrum consultation prior to taking regulatory decisions.

 

Speaking during the consultation forum, Ubale Maska, Executive Commissioner Technical Services who represented Prof. Umar Danbatta, the EVC/CEO of NCC informed the participants that, “Numbers are scarce resource and one of the core functions of the Commission is to ensure that this scarce resource is effectively and efficiently managed”.

 

He also informed the audience that the automated system will be launched very soon by the Commission.

 

Paul Dinwoke, CEO Molcon Multiconcepts Limited, Consultants to NCC on the project also told the participants that some of the benefits of the automated system include convenience, transparency, efficiency, easy tracking, ability to choose number options, and strengthening of online payment systems.

 

Bako Wakil, Deputy Director Technical Standards and Network Integrity also told the audience that the deployment of automatic numbering management system is part of NCC’s efforts to automate her business processes within and outside the Commission.

 

The Forum was attended by many stakeholders, including licensees of the Commission and staff.

Continue Reading

Telecom

Five Reasons To Stop Wearing Headphones Always

Published

on

By Ogunfowoke Adeniyi

Headphones are very important because they make work and travel more fun. Therefore, it’s so common today to see people strolling with their headphones.

Despite the seeming advantage (s) of headphones, it should not be constantly plugged in your ears for the following reasons shared by Jumia Travel, the leading online travel agency.

 

You Can’T Hear Cars Coming At You

It’s much safer to walk around without your headphones. This is because you cannot hear cars coming at you and this can lead to an unavoidable accident. According to research, serious injuries have increased 300% in the last six years for pedestrians wearing headphones. So, make it a rule not to use your headphones on the road.

 

Headphones Overuse Can Damage Your Ears

Your ears may be damaged if you overuse headphones. So it’s probably best to let them breathe now and then.

 

You Can’T Hear The People Around You

For people who are headphone addicts, they must have been told several times by a friend that they called out to them and they didn’t respond. Why? Because they had their headphone plugged in. If this is the report you always get, it is time to stop plugging your ears when you are around people.

 

You Miss The Little Things

After sight, hearing is the most important sense that engages us. If we can see but lack the sound-correlated ambience, we become dissociated. It’s like we are putting our minds on autopilot, and just going through the motions of daily life.

 

You Risk Coming Off As Rude

Even if you’re the friendliest person around, headphones make you unapproachable. It makes it harder for people to call out to you.

Continue Reading

Trending

Copyright © 2017 Communication Week Media Limited.