Telecom
Ericsson Explains Predictions on 1B 5G Subscriptions in 2023

Ericsson forecasts there will be 1 billion 5G subscriptions for enhanced mobile broadband by 2023. This prediction is among the key statistics presented in the November edition of the Ericsson Mobility Report released today.
Expected to be deployed first in dense urban areas, 5G will cover over 20 percent of the world’s population by the end of 2023. The first commercial networks based on 5G New Radio (NR) are expected to go live in 2019, with major deployments from 2020. Early 5G deployments are foreseen in several markets, including the US, South Korea, Japan and China.
Global mobile data traffic to surpass 100Exabytes per month in 2023
Mobile data traffic is expected to surge by eight times during the forecast period, reaching 110 Exabytes per month by 2023. This corresponds to 5.5 million years of HD video streaming.
All regions maintain mobile data traffic growth, with North America showing the highest average usage per smartphone, exceeding 7GB per month by the end of 2017.
Video consumption continues to fuel mobile broadband traffic growth.
The driving force behind video’s uptrend are the young millennials – those in the 15 to 24 age bracket – who stream 2.5X more than those over 45 years of age.
Streaming video in higher resolutions and an emerging trend of increased streaming of immersive video formats, such as 360-degree video, will have an impact on data traffic consumption volumes. For example, a YouTube 360-degree video uses 4 to 5 times as much bandwidth as a normal YouTube video of the same perceived quality.
LTE deployments – momentum continues
By the end of this year, LTE will be the dominant mobile access technology. It is estimated to reach 5.5 billion subscriptions and cover more than 85percent of the world’s population by the end of 2023.
Voice over LTE (VoLTE) has been launched in more than 125 networks in over 60 countries across all regions. VoLTE subscriptions are projected to reach 5.5 billion by the end of 2023, accounting for more than 80 percent of the combined LTE and 5G subscriptions.
Smartwatches are one of the latest devices to use VoLTE. Users are able to make voice calls directly on their smartwatch, without having a smartphone nearby (multi-SIM). Calls can also be transferred between a user’s smartphone and watch.
Niklas Heuveldop, chief strategy officer and Head of Technology and Emerging Business, Ericsson, says: “The latest report highlights trends in mobile subscription and data traffic growth, as well as the industry’s effort to tackle the increasing demands on mobile networks globally. In addition, the report examines the emergence of new use cases as network capabilities evolve – smartwatches, IoT alarms, and augmented reality-assisted maintenance and repair, to name a few. As we prepare for 5G, these trends will continue to set the agenda for the mobile industry going forward.”
The report also features three articles on rising industry trends:
- Shifting mobile data plans examines the move to ever larger plans as well as the actual data consumption within different plans. It highlights the importance of a good mixof data plans, including unlimited, to address a variety of consumer needs.
- Enhancing the event experience focuses on how event organizers and operators can meet visitors’ needs for more digitalized services and immersive experiences.
- Millennials’ expectations for 5G explore show this age group perceives their mobile experience, their hopes on5G, and what their viewpoint simply for operators.
Regional reports for Western Europe, Central and Eastern Europe, Middle East and Africa, and Latin America have also been published along with the Global Ericsson Mobility Report.
Telecom
Telecoms Services Resume in Kogi State as Telcos, Govt Resolve Dispute

Telecommunications services disrupted in Kogi State have resumed following a resolution of the dispute between MTN Nigeria and the state government, the Association of Licensed Telecoms Operators of Nigeria (ALTON) has said.
Gbenga Adebayo, chairman of ALTON, told TVC News that the issues that led to the shutdown of telecom masts in the state, primarily affecting MTN, had been addressed, paving the way for service restoration.
TVC News earlier reported that businessmen and women were counting their losses as they suffered the impact of a shut down of telecommunication service in Kogi State
Over the past two weeks, telecoms connectivity had been erratic, with competing brands experiencing glitches, particularly in the Lokoja metropolis.
The State government suspended the operations of some telecom services citing unpaid taxes and fibre-related dues.
The shutdown stemmed from a compliance dispute between MTN and the Kogi State Utility Infrastructure Management and Compliance Agency, which accused the telecom giant of violating operational rules and under-declaring the extent of its optic fibre network coverage in the state.
Telecom
Banks Settle ₦160Bn USSD Debt to Telcos, Ending Five-Year Dispute

The protracted Unstructured Supplementary Service Data (USSD) debt misunderstanding between the Deposit Money Banks (DMBs) and telecommunications operators appears to have been resolved.
This was confirmed by the Chief Executive Officer of MTN Nigeria, Karl Toriola, Thursday, March 1, when he appeared on Arise TV to speak on the firm’s first-quarter 2025 result, where the telecommunications company reported over N1 trillion in revenue earnings.
Recall that the USSD debt had been a major issue between the DMBs and telcos and had lasted for about five years.
In the third quarter of 2024, the telcos had threatened to withdraw their service over the lingering debt, which was around N200 billion at the time. This led to the swift intervention of the Central Bank of Nigeria and the Nigerian Communications Commission (NCC), and an agreement was reached on payment.
As of November 2024, the NCC put the debt at N160 billion. However, earlier this year, when it appeared the banks were not forthcoming with payments, the NCC directed the telcos to withdraw the USSD services from debt-owning DMBs, where about 18 banks were listed.
This directive prompted the banks to look inward and start to comply with an earlier circular signed by the CBN and NCC, which articulated the payment patterns for the debt.
Speaking, on Arise TV this morning, May 1, Toriola confirmed that the matter has been fully resolved and that banks have made payments.
“I can confirm that the matter has been fully resolved. We have received payments in full. Special thanks to the CBN, NCC, the banks, and other stakeholders that intervened in the matter,” the MTN CEO stated.
Telecom
Sterling Bank Introduces AlwaysOn, Offering Nigerians Up to ₦1 Million Monthly

Sterling Bank, Leading commercial bank and Africa’s most agile company has announced the introduction of AlwaysOn by Sterling, a bold new feature on its OneBank platform that will give eligible customers up to ₦1 million extra every month -even when their account balances are running low.
Launched on Workers’ Day 2025, the initiative is part of an ongoing movement to remove structural barriers to financial freedom and empower everyday Nigerians to move boldly, even in uncertain times.
AlwaysOn is a specialised, invitation-only feature for customers who maintain an active OneBank account for a while. It provides an advance to settle bills or make payments without delays, or any of the friction associated with traditional credit systems.
“This is not just about funds,” said Abubakar Suleiman, Chief Executive Officer of Sterling Bank. “It’s about freedom and dignity. It’s about backing our customers with the trust and tools to act boldly when life demands it.”
Suleiman emphasised that the new feature is not a product, it’s a logical shift in how the bank supports its customers.
“We’re building a financial ecosystem designed for momentum -for people with grit, urgency, and dreams too big to wait. If you’ve banked with us, you’ve earned our confidence. Now you’ll have our backing to match,” added Suleiman.
The introduction of AlwaysOn marks the next chapter in Sterling’s growing movement to create a fairer and more responsive financial system. It follows the Zero Transfer Fees initiative in April, which returned an estimated ₦13 billion to Nigerians by eliminating transfer charges across the OneBank platform. It also builds on Sterling’s Free Bus Ride initiative, which helped commuters get home from work for free during a time of intense economic pressure.
Together, these efforts reflect the bank’s bold, people-first approach to customer impact, now made possible by its adoption of SeaBaas, Nigeria’s first indigenous core banking platform.
“We’re not the kind of bank that stands on the sidelines while Nigerians hustle,” said Obinna Ukachukwu, Growth Executive for Retail and Consumer Banking. “We removed the fees that slowed them down. Now we’re giving Nigerians the financial freedom to seize opportunity when it shows up. We’re on the pitch with them.”
Sterling’s actions have sparked widespread public support and national recognition as they have continued to push the boundaries of what corporate citizenship can mean to everyday Nigerians.
Notable icons from various fields have canvassed their support and praised the bank’s stance in redefining financial services, inspiring other institutions to follow suit.
Nigerians are encouraged to apply to join the waitlist for the scheme when it goes live in later this month and ultimately, eligibility for up to N1M extra in relief advances.
- E-Financial2 days ago
CBN Slams ₦250m Fine on Paystack Over Zap Wallet Operations
- E-Business3 days ago
CAC to Prosecute Business Owners Operating Without Registration
- General News2 days ago
NITDA Inaugurates Start-up Consultative Forum
- Telecom3 days ago
Emerging Technologies, Cybersecurity, Others Form Key Focus of NCA 2003 Review
- E-Financial3 days ago
Panic as Hackers Allegedly Steal N9.3Bn Customers’ Fund from Union Bank
- General News3 days ago
UK’s Manufacturing Africa and TLG Capital Join Forces to Boost Nigerian Manufacturing
- Telecom3 days ago
MTN Nigeria Reports N1 Trillion Revenue
- Telecom2 days ago
GBB Reaffirms Commitment to Driving Public Sector Innovation @ the 5th Public Service Innovation Competition Awards