Connect with us

News

More Headache for CDMAs as Report Paints Gloomy Year

Published

on

Kindly share this post

A new report by Ernst & Young, has posted a poorer outlook this year for smaller mobile operators like those of the code-division multiple access (CDMA) segment in Nigeria, tracking a stringent operational conditions as the possibility of government bailout appears bleak, Nigeria CommunicationsWeek can report.
According to the Ernst & Young’s global report on ‘top 10 risks in telecommunications 2012’, the survival of CDMA operators hangs in the balance.
Specifically, the report assets that worldwide, telcos face daunting task of staying afloat due to competing demands for new products and service.
Ernst & Young, specialist in assurance, tax, transaction and advisory services in their latest report stated that a lack of will to move away from a defensive business strategy would be the most heinous crime for failure by telecom operators in 2012.
Jonathan Dharmapalan, global telecommunications leader at Ernst & Young says: “Telecom operators across the world face changing demands from customers, competitors and regulators, creating new pressures across their organizations. Failure to shift their business models to cater to data services is mission-critical for all and is this year’s leading sector risk.
“New approaches to pricing are crucial and operators have an important role to play as telecoms infrastructure become central to the development of other sectors, such as healthcare and utilities.“ he added
This sync with Nigeria CommunicationsWeek’s report of February 12, which quoted Alex Dadson, managing director, Qualcomm West Africa as saying that poor business strategy was responsible for failures among small operators, specifically the CDMA sector in Nigeria.
“The CDMA while an early entrant was also disadvantaged. We did not start out with nationwide CDMA licensing. There were riggings. The interconnect regime weighed against CDMA. All these problems have been subsequently fixed but CDMA took a beating as a result of business strategy, as a result of environmental factors,” said Dadson.
Mrs. Omobola Johnson, minister of communication technology acknowledges the challenges faced by small operators in Nigeria. She told reporters in Lagos recently that her ministry was looking into ways of reducing cost of business operation for them.
“From an investigation we carried out, we discovered that their greatest challenge arose from the cost of carrying their traffic to the point of destination. The cost deploying bandwidth and data from the undersea cables to their areas of need in Nigeria is quite expensive and this has brought a lot of strains on their interconnect charges from other operators,” said Johnson.
“We are presently working with them so that we can resolve their challenges. There must be a level playing ground for all the players in the sector for them to succeed,” the minister enthused.
But the regulatory agency, Nigeria Communications Commission, (NCC) thinks otherwise as its chief executive stated that CDMA operators have no peculiar operational problems that warrant any government bailout at the moment.
Dr. Eugene Juwah, executive vice chairman & CEO of NCC stated in Lagos that the Commission had asked the operators about their condition and they had not told him of any such challenges.
“We are a regulator and we provide a level-playing ground for all the players. There has not been official request from the CDMA community on any issue as per them facing any challenge – except issues that I read in the papers. As I speak, I don’t think they have any problems. I have not got any formal notice that they are having problems,” said Juwah.
Nigerian CDMA operators may have lost business valued at above N10 billion in 2011. The key indicator of revenue loss follows an arithmetic loss of customers from 6.1 million in January to close at 4.6 million by December 2011. The revenue loss calculation is predicated on average ARPU per month of N1, 000 in Nigeria.
Dharmapalan states that for operators to survive under the prevailing global harsh economic climate, they must “keep pace with changing user expectation.” The report ranks as #2 changing customer mindset as a major hiccup operators need to keep pace with to remain afloat. “Failure to do so would mean that demand cannot be turned into value.”
Ernst & Young ranks lack of regulatory certainty as number 10 key concerns among telcos. Adrian Baschnonga, Senior Telecommunications Analyst notes that “regulation of legacy parts of the business is well understood yet policies are evolving quickly in areas such as mobile spectrum release and super-fast broadband deployment. Engaging with a range of stakeholders is needed to help incentivize industry investment.”
 “Failure to formulate clear viewpoints on privacy, in terms of responsibilities to end-users and other industry players, could undermine operators’ roles in the digital age” concludes Baschnonga.


Kindly share this post

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.

News

Huawei Trains 70,000 Nigerians in ICT Development

Published

on

Kindly share this post

Huawei has provided capacity building and information and communication technology (ICT) training to 70,000 people in the past five years, according to Eric Chen, Huawei’s Strategy director in Nigeria.

Huawei Trains 70,000 Nigerians in ICT Development

This announcement was made during a women-focused programme hosted by Huawei in Abuja, ahead of International Women’s Day (IWD) celebrations.

The event, themed “Cultivating Talent Through ICT Training for a Prosperous Nigeria,” coincides with the 2025 IWD theme, “Accelerate Action,” which focuses on fostering progress toward gender equity.

Chen highlighted Huawei’s contributions to the government-led Three Million Technical Talent (3MTT) programme, facilitated through its ICT Academy, and reiterated the company’s dedication to advancing Nigeria’s digital economy in alignment with the President’s renewed hope agenda.

“We celebrate the achievements of female participants in our ICT Academy and Women in Tech initiative, in collaboration with the First Lady’s office,” Chen stated.

“We must remain committed to empowering women in ICT and leveraging their potential to boost Nigeria’s digital growth.”

Comfort Kabirwa, director of Policy, Research, and Strategy at the Ministry of Communication, Innovation and Digital Economy, stressed the importance of gender equality in technology, identifying it as both a moral obligation and a strategic imperative.

She encouraged women to actively participate in ICT to accelerate the nation’s digital economy.

Kabirwa noted that, globally, women constitute only 26% of the tech workforce—a figure that underscores the need for greater inclusion.

She urged stakeholders to dismantle barriers hindering women’s participation in the field, including limited access to education, mentorship, and equitable recruitment practices.

The programme also showcased success stories like that of Victoria Essoe, a cybersecurity student at Igbinedion University, who shared how Huawei’s ICT Academy significantly impacted her career by providing valuable certifications at no cost.

Similarly, Dr. Oyin Abiola, Huawei’s Senior Public Relations Manager, highlighted the company’s efforts in not only offering ICT training but also creating practical opportunities for exceptional students to gain experience through employment and internships.

By celebrating women who excel in ICT, Huawei aims to inspire others to explore opportunities in the field and remains steadfast in its commitment to fostering an inclusive and diverse digital society.

 

 

 

 

 

 

 

 


Kindly share this post
Continue Reading

News

Fidelity Bank Launches Creativerse to Empower Creative Sector

Published

on

Dr. Nneka Onyeali-Ikpe, managing director/chief executive officer, Fidelity Bank,
Kindly share this post

Fidelity Bank Plc has emphasized its commitment to the development of Nigeria’s creative economy with the launch of the Creativerse.

Fidelity Bank Launches Creativerse to Empower Creative Sector

Dr. Nneka Onyeali-Ikpe, managing director/chief executive officer, Fidelity Bank,

Located in a dedicated wing at the recently unveiled Fidelity SME Hub in Gbagada Phase 2, Lagos, the Creativerse boasts of fully equipped music recording, podcast, content production and photography studios as well as co-working spaces designed to foster innovation, collaboration and capacity development amongst operators in the Creative industry.

Dr. Nneka Onyeali-Ikpe, managing director/chief executive officer, Fidelity Bank, while speaking during a tour with a select group of dignitaries and creative entrepreneurs of the facility recently, said, “We thought it is very important to have touchpoints for people who don’t have the capacity to do what they dream about. That is what this hub is about.

“We believe that everybody has a God-given skill- all we want you to do is to develop it and we are here to support you. And once you have developed the skill into a bankable transaction, you can rest assured that Fidelity will be there to help you take it to the next level.

“This is an incubator, we expect you to incubate your skills. The people on the finance side will help you with your accounting and all of that. And then it becomes bankable and you will become the next Burna Boy, the next Davido, the next Wizkid, Tems or Flavour,” she said.

The Fidelity SME Hub is a comprehensive resource center offering training programs, capacity-building workshops, business mentorship, industry networking opportunities, and business advisory services to small business owners.

Explaining the vision of the Creativerse and what the bank wants to achieve with the facility, Onyeali-Ikpe said, “We want the next Dangote to come out of here, the next BUA, the next Nestoil.

“We want you to grow and the most we can do is to support you. And most of this is pro bono. We want a situation that you can come and you are not scared of anything. Fidelity will take care of it,” she added.

On his part Comrade Ayodele Olawande, minister of Youth Development, lauded the bank saying, “I want to see a bank that truly supports young people, and Fidelity Bank is doing just that. This initiative reflects a commitment to equipping Nigerian youth with the skills, resources, and opportunities needed to turn their business ambitions into profitable ventures”.

Similarly, Babajide Sanwo-Olu, Lagos State Governor, who was represented by Barr. ‘Bimbola Salu-Hundeyin, secretary to the State Government (SSG), lauded the initiative as a game-changer for Lagos’ entrepreneurial ecosystem, noting that “SMEs contribute about 84 per cent to Nigeria’s Gross Domestic Product (GDP), and in Lagos, our dynamic business environment thrives on initiatives like this.

“This hub is a world-class package that moves businesses from survival to sustainability and from growth to greatness,” he said.

The Creativerse currently hosts a range of masterclasses, trainings and networking events; and can be accessed at www.fidelitybank.ng/smehub.

 


Kindly share this post
Continue Reading

News

NAICOM Tasks Insurance Companies on Local Cyber Insurance Products

Published

on

Kindly share this post

National Insurance Commission (NAICOM) has urged local insurance companies to prioritise the development and rollout of cyber insurance products to address growing digital risks.

The call was made by Ebelechukwu Nwachukwu, head of NAICOM’s publicity sub-committee, during a recent NAICOM meeting held in Lagos.

She highlighted the urgency of the initiative, citing the global shift toward digitalisation and the increasing prevalence of cyber threats.

“In light of the ongoing digital transformation, NAICOM recognises the critical need for cyber insurance products. We urge operators to begin engagements to roll out these products promptly,” said Nwachukwu.

She also revealed that NAICOM is collaborating with the National Information Technology Development Agency and the Nigeria Data Protection Commission to drive the initiative forward.

Citing the need for insurers to comply with Nigeria’s Data Protection Regulations, she also encouraged insurance practitioners to undergo specialised training on data protection measures.

In addition to cyber insurance, NAICOM addressed other pressing issues within the industry, such as the need for insurers to settle resolved claims promptly, aiming to enhance policyholder confidence and reduce complaints.

NAICOM also called for industry-wide support for its innovation lab, which aims to drive technological advancements and improve service delivery within the sector.

 


Kindly share this post
Continue Reading

Trending