Telecom
5G Will Open up New Business Models Across Industries – Traboulsi
Ericsson just announced launching 5G commercial software for radio and core networks to enable operators to launch 5G from the fourth quarter of 2018. In-light with this announcement, we spoke to Chafic Traboulsi, Head of Networks, Ericsson Middle East and Africa, to tell us more about this new launch.
Launching of 5G commercial software
We are finalizing 5G-readiness for operators by enhancing our 5G Platform with new solutions:
We introduce 5G commercial software for radio and core networks to enable operators to launch 5G in new spectrum from Q4 2018.
To capture growth opportunities presented by new 5G use cases, we expand our 5G Core System offering with new capabilities to support 5G NR and also evolve our Distributed Cloud. offering for cloud application deployment across multiple sites – central, distributed, and edge.
We also introduce a new category of radio products called Street Macro – a new site type that addresses the need of operators to grow in cities with limited available radio locations. It is a layer in network between macro and micro.
We are also unveiling new radio products supporting Massive MIMO technology – enabling a smooth evolution from 4G to 5G and addressing the need for increased capacity, while simplifying use for wider adoption.
We also add products encompassing multi-band operation, increased capacity and ease-of-site acquisition.
In parallel, we are also announcing that all radio products within Ericsson Radio System delivered since 2015 will support 5G New Radio (NR) capability through remote software installation. This means installed Ericsson Radio System (ERS) products that are active in more than 190 networks around the world are ready for 5G NR
Why would operators need 5G
All the previous technology generations were basically developed to address only Consumer predominantly (for Voice and Text in 2G to browsing in 3G and Higher speed data and Video in 4G).
5G will serve consumers and multiple industries and open up new business models across industries.
In an Ericsson Consumer Lab Study, over 70 percent of consumers said that faster speed, better reliability and lower latency were their top expectations of 5G. What we can take from this is that 5G isn’t just about new use cases, it’s also about improving the services users already subscribe to.
Enhanced Mobile Broadband (eMBB) is the first use case for 5G. With the continued growth in mobile traffic, there is a need for a more efficient technology, higher data rates, and spectrum utilization. In terms of consumer digitalization and richer user experience, new applications based on virtual and augmented reality will require higher bandwidths and lower latency.
Industry digitalization and 5G open up opportunities for operators to address up to USD 619 billion market globally in 2026 (in 10 industries by adding digitalizing of retail and agriculture to previously communicated USD 582 billion).
This represents a potential to add up to 36 percent growth in revenues in 2026, with manufacturing and energy/utilities sectors representing the biggest opportunity for revenues created or enhanced by 5G.
Use Case Evolution to 5G includes the executive summary of use case evolution to 5G with supporting technologies, followed by separate sections for Enhanced Mobile Broadband, Automotive, Manufacturing, Energy & Utilities and Healthcare.
Fixed Wireless Access (FWA) can provide connectivity for households and Small Medium Enterprises (SMEs) using wireless technologies.
Main addressable segments are the unserved areas (i.e., connect the unconnected; representing new revenues for operators) or wireless fiber (i.e., a more cost-efficient way to provide high-capacity connectivity). Operator services may also include telephony and value-added services (e.g., media, security).
Availability of 5G
We and partners have been working with 5G technology for several years in the labs, and last two years we took these technologies into advanced outdoor field trials. We have also signed first 5G deals with Verizon, Swisscom and Vodafone (UK).
The 5G standardization has been accelerated with first 5G NR standard for NSA (non-stand alone 5G) finalized in Dec 2017 and 3GPP Rel-15 is planned to be finalized by mid 2018.
And, we see some operators interest tied to number of major upcoming sporting events that will showcase 5G this year.
From this year onwards we will see full system trials in commercial applications with initial commercial 5G networks and devices based on the 3GPP standards are expected in 2019, with major network deployments from 2020. The first very few 5G devices will likely be introduced towards the end of 2018.
And we estimate the number of subscriptions reaching one billion by the end of 2023.
What will happen in next 5 years
Industries will be transforming by new capabilities brought on by 5G. Examples of these capabilities include:
The ability to download a full-length HD movie in seconds
The quick reaction time (low latency) to enable remote robotics
The ability to spin up virtual networks on-demand with network slicing
Battery lifetimes beyond 10 years for remote cellular devices
This will bring new requirements on the 5G networks. And we estimate the number of subscriptions reaching around one billion by the end of 2023 (Source; Ericsson Mobility report).
Telecom
MTN Nigeria Shops for N50Bn Commercial Paper to Boost Working Capital
MTN Nigeria Communications Plc has announced plans to issue up to N50bn in Series 13 and 14 Commercial Paper Notes under its N250bn Commercial Paper Issuance Programme.
This proposed issuance aligns with the company’s strategy to broaden its funding sources and strengthen its liquidity position.
The proceeds from the issuance are earmarked to support MTN Nigeria’s short-term working capital needs, enabling the company to sustain its operations and meet financial obligations effectively.
In a statement to the Nigerian Exchange Limited (NGX) and the investing public, MTN Nigeria emphasized its commitment to maintaining financial stability and operational efficiency.
According to the statement signed by Uto Ukpanah, company secretary, further details regarding the structure, pricing, and timeline of the issuance will be disclosed to the market in due course, as MTN Nigeria continues to engage with stakeholders and regulatory authorities.
MTN Nigeria recently completed its series 10 commercial paper issuance under its upsized N250bn commercial paper issuance programme.
The telecom giant said it sought to raise N72.1bn and the offer recorded 149 per cent subscription with N72.1bn issued.
The 266-day commercial paper was issued on 29 November 2023 at a yield of 16 per cent.
The CP issuance aligns with MTN Nigeria’s strategy to continue diversifying its funding sources and reducing its average cost of debt. The proceeds will be applied towards short-term working capital requirements.
Karl Toriola, chief executive officer, MTN Nigeria said. “We are pleased with the support received from the investor community, having recorded a 149 per cent subscription from a broad range of investors. This reflects NTN Nigeria’s robust financial capacity, brand strength, and market leadership amidst the upward pressure on interest rates”
Stanbic IBTC Capital Limited played the role of Arranger and Dealer with ARM Securities Limited. Chapel Hill Denham Advisory Limited, Coronations Marchant Bank Limited, FCMB Capital Markets Limited, Quantum Zenith Capital &Investments Limited, Rand Marchant Bank Limited, and Vetiva Capital Management Limited played the role of Joint Dealers on the transaction.
Telecom
FG Plans Four New Satellites as Part of Tinubu’s Renewed Hope Agenda
President Bola Ahmed Tinubu has said that Nigeria will launch four satellites as part of his administration’s Renewed Hope Agenda.
Tinubu said this at the opening ceremony of the 25th Anniversary of Nigeria in Space in Abuja.
The anniversary celebration was organised by the National Space Research and Development Agency (NASRDA) in collaboration with the Nigeria Communication Satellite Limited (NIGCOMSAT) and the Defence Space Administration (DSA).
Tinubu, represented by Chief Uche Nnaji, minister of Innovation, Science, and Technology, stated that space was previously exclusive to developed countries, but the foresight of Nigerian leaders facilitated the passing of the Space Act that led to the establishment of NASRDA in 1999.
“Space is an area of limitless opportunities and one in which the advanced countries of the world are relentlessly discovering how the opportunities can be tapped for their advantage.
“It is obvious that Nigeria cannot afford to lag in this global quest of discovering space and how the knowledge from such discoveries can help in solving her internal issues for national development,” he said.
NASRDA has made efforts to develop major space programs in collaboration with the Nigerian Military to develop capacity in the use of space for tactical services, among others.
“Today, the synergy between NASRDA, NigComSat, and DSA has led to a tripodal support upon which an advanced and more robust national space program will be built in the near future.”
“All these giant strides made by this important sector of our dear country are notable and noble with the launch of seven satellites, and efforts are on top gear to launch an additional four satellites within the lifespan of this administration.”
“Great effort should be made to ensure that the private sector is mainstreamed into the heart of our space program for us to do more in the coming years for our national development,” President Tinubu said.
The President also emphasised the need to strengthen the NASRDA Act to help the Nigerian space ecosystem be more vibrant in its engagements, locally and internationally.
“Similarly, the sector will require improved budgetary support to be able to accomplish its programs, whose outcomes can bring massive socioeconomic dividends to Nigeria and her citizens.
“This will also solidify Nigeria’s standing as a leading space-faring country in Africa and further boost her image to competitively attract foreign direct investment because of our locational advantage for cheaper launching services.”
“This restates our administration’s commitment to continue to support the space program to accelerate technological and innovative development.”
In his remarks, Nnaji, who was represented by Mrs. Esuabana Nko-Asanye, Permanent Secretary of the ministry, said the World Economic Forum’s 2024 report projected the global space economy to reach about 1.8 trillion dollars by 2035.
The minister added that the growth would be driven by advances in satellite technology and industries like supply chain logistics and agriculture, among others.
He stated that the growth would also impact the aerospace sector and communications and was expected to generate over 60 percent of the new economic value from space-enabled technologies.
“Space technology offers transformative solutions to global challenges, from monitoring climate change and managing natural resources to enhancing disaster response capabilities.
“Reduced costs and heightened accessibility will encourage increased participation from non-space sectors, integrating space into the fabric of global infrastructure,” the minister said.
He commended the President for recognising the role of space technology in the Renewed Hope Agenda and approving some projects for the agency.
“The President approved for the replacement of NASRDA’s Earth Observation satellites, ensuring the regulation of oversight functions of all space activities in the country and utilisation of space technology to monitor federal government revenues.”
Nnaji called on NASRDA to capitalise on the support of the federal government by expanding its revenue base through partnerships with the private sector.
According to him, the key areas of private sector engagement include commercial space travel, development of satellite technology, resource utilisation, investment in Low Earth Orbit (LEO) ventures, and technology transfer to drive industrial growth.
Earlier, Dr Matthew Adepoju, director-general of NASRDA, recalled that over the past 25 years, the Nigerian Space Program had been a beacon of Nigeria’s aspirations in space exploration and development, thereby placing the country on the global map of space-faring nations.
The DG disclosed that President Tinubu’s administration had recently approved the development of four satellites, which included a Synthetic Aperture Radar (5AR) satellite and the first in Africa.
“This transformative project will be executed under a public-private partnership, ensuring the infusion of expertise and investment to accelerate implementation.
“These satellites will significantly enhance our capabilities in areas such as precision agriculture, disaster management, national security, and urban planning while contributing to global scientific advancements.
“Furthermore, we are guided by the recent Presidential directive to integrate space technology into the operations of all revenue-generating agencies, departments, and ministries in Nigeria.
“This directive underscores the strategic importance of space technology in enhancing efficiency, transparency, and accountability across government functions, ultimately contributing to national development.
“Nigeria’s space assets—including NigeriaSat-1, NigeriaSat-2, and NigeriaSat-X, NigComSat-1, among others—are vital tools for national development.
“These satellites have supported critical disaster management, urban activities in security, health, agriculture, disaster immense value to planning, and broadband connectivity, advancing our nation’s reputation as a space-capable country,’’ he said.
Telecom
Airtel Nigeria Gets Dinesh Balsingh as New CEO
Airtel Africa, a telecommunications and mobile money services provider with presence in 14 countries across the continent, has appointed of Dinesh Balsingh as the Managing Director and Chief Executive Officer of Airtel Nigeria, effective 1st November 2024. By this appointment, Balsingh also becomes a member of the Executive Council for the Airtel Africa Group.
He takes over from Carl Cruz, who returned to his home country, The Philippines, at the end of October.
Balsingh has extensive experience across the telecommunications industry and returns to Nigeria following his appointment as Managing Director and CEO of Airtel Tanzania in 2022. Prior to his move to Tanzania, he served as the Chief Commercial Officer (CCO) at Airtel Nigeria and therefore brings with him considerable experience of the Nigerian telecommunications market.
Balsingh’s career in the telecommunications industry spans over 24 years, having begun his career in 2000 with Hutchison Essar, before moving to Airtel India as a Marketing Director in 2006 and then Tata Docomo in 2011. Balsingh joined Airtel Nigeria as Marketing Director in 2013, before taking over as CCO in 2018.
During his tenure in Airtel Tanzania, Balsingh led the business to achieve record growth through intelligent pricing, product enhancements and disciplined execution of projects, resulting in strong Revenue Market Share (RMS) gains in the highly competitive market.
Speaking on the leadership changes, Airtel Africa Chief Executive Officer, Sunil Taldar said, “Mr. Balsingh’s deep telecommunications experience and strong operational execution, combined with his knowledge of the Nigerian market, will be instrumental in further supporting our corporate purpose of transforming lives across Nigeria.”
Balsingh holds a Master of Business Administration from Thiagarajar School of Management.
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