Telecom
NCC Tasks Licensees on Compliance with Telecoms Regulations, License Conditions
Prof. Umar Garba Danbatta, executive vice chairman and chief executive officer of NCC, has enjoined telecom licensees to always comply with the provisions of extant laws, subsidiary legislations and other regulatory frameworks put in place by the Commission to ensure a more competitive and sustainable telecoms sector in Nigeria.
The EVC gave the charge at a two-day tripartite dialogue of the Commission tagged, ’ which held in the ancient city of Kano on Friday, October 15, 2021.
The programme had in attendance representatives of more than 104 telecoms licensees in different categories and segments of the Nigerian telecoms market as well as consumers of telecoms services.
Prof. Danbatta said while the Commission continues to engender effective regulatory environment, there is a need for licensees to support several initiatives carefully designed to enhance market opportunities for all its licensees.
“Telecoms industry sustainability can only be guaranteed where all licensees ensure full and effective compliance with licence conditions and other regulatory prescriptions. So, this forum provides an opportunity to discuss areas where some of our licensees are falling short of their licence obligations, and how we can collectively improve on the present situation,” he said.
The EVC highlighted some of the key policies that have been articulated by the Federal Government, including the National Digital Economy Policy and Strategy (NDEPS, 2020-2030); the Nigerian national Broadband Plan (NNBP, 2020-202), the Revised national Digital Identity Policy for SIM Registration, among others, and sought the licensees’ full and unalloyed commitment to ensure their successful implementation.
Danbatta also briefed the licensees about some activities which the Commission is pursuing to further facilitate the achievement of its regulatory mandate.
These include the recently-launched NCC’s five-pillar Strategic Vision Plan (SVP, 2021,2025); commencement of a comprehensive review of its licensing frameworks; ongoing reviews of other key regulatory instruments to align with the rapidly emerging contemporary developments; ongoing National Identification Number (NIN) and Subscriber Identity Module (SIM) linkage exercise; as well as the ongoing efforts to launch the Fifth Generation (5G) network in Nigeria.
The NCC CEO said, as the regulator, the NCC provides the enabling environment for healthy competition in the industry.
Adeleke Adewolu, executive commissioner, Stakeholder Management, NCC, who amplified Danbatta’s voice on the need for strict compliance with telecoms regulations by the licensees, said telecoms has continued to lead national economic growth through effective regulation and adherence to rules of engagement by the licensees.
Thus, Adewolu said the sector has consistently driven growth of the Nigerian economy and has provided critical infrastructure required for the digital transformation of practically all spheres of life.
He declared that in the second quarter of 2021, the Information and Communication technology (ICT) sector sustained its trajectory of growth and contributed 17.9 per cent to the nation’s Gross Domestic product (GDP).
Adewolu, however, identified three key factors driving the sector’s performance to include a stable policy environment engendered by various digital economy policies; a consistent tradition of firm, fair, forthright, transparent and developmental regulatory oversight provided by the NCC; as well as long-term infrastructure investment and service commitments of telecoms licensees.
“The NCC has, therefore, organised this forum to enable us to strengthen collaboration along these three lines, to enable our valued stakeholders give us feedback on ongoing initiatives and to enable you seek clarifications on issue of concern,” Adewolu told the forum.
In his remarks, Mohammed Babajika, director, Licensing and Authorisation, NCC, said while the Commission is fully aware and committed to discharging its mandate, especially in facilitating conducive telecoms environment and guiding the industry to sustain the achievement already recorded in the industry, these can only be possible with the cooperation and support of the licensees.
Babajika said the Commission recognises the importance of various service providers, hence the need to constantly engage the licensees with a view to identifying generic and unique challenges and collectively proffering solutions to them.
The overarching objective of the forum, which is in line with NCC’s vision of strategic collaboration and partnership, was to get first-hand feedback from NCC’s licensees.
The programme will be hosted in other cities across the country during the year.
Telecom
MTN Nigeria to Issue N50Bn Commercial Paper
MTN Nigeria has proposed issuing up to N50bn series 11 and 12 commercial paper notes to raise funding for its operations, according to the company’s notice to the Nigerian Exchange Limited.
The notes issuance is under the company’s N250bn commercial paper issuance programme.
According to the statement signed by Uto Ukpanah, company secretary, the issuance is part of the company’s strategy to diversify its financing options with the funds being deployed towards short-term working capital requirements.
MTN Nigeria recently completed its series 10 commercial paper issuance under its upsized N250b commercial paper issuance programme.
Ukpanah, the telecom giant 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 of continuing to diversify its funding sources and reduce its average cost of debt. The proceeds will be applied to 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
MTN Nigeria Receives Award for Contributions to Media Development
MTN Nigeria has received a “Media Capacity Development Support Award” for its immense contributions towards the growth and development of media practitioners across Nigeria.
The award was presented by the Media Career Development Network, at its inaugural conference held at the University of Lagos on October 31, 2024.
Held at the Biodun Shobanjo Auditorium Centre for Excellence, the Media Career Development Conference saw the coming together of seasoned media practitioners who shared insights on opportunities for growth and career advancement in the ever-evolving digital landscape.
Executive Director of the Media Career Development Network, Lekan Otufodunrin noted that the conference aligns with the organization’s commitment to promoting media excellence and advancing the careers of media professionals in Nigeria.
Speaking on the award, Chief Corporate Services & Sustainability Officer, MTN Nigeria, Tobe Okigbo appreciated the Media Career Development Network for the initiative, while also affirming MTN’s commitment to supporting the media.
“On behalf of MTN, I’d like to extend gratitude to the network for the recognition.
“At MTN, we believe in investing in institutions that bring value to the society and this includes the media.
“Journalists and other media professionals play a crucial role in telling authentic stories and shaping the image of our nation globally.
“So we’re committed to helping them gain the requisite skills and exposure needed to thrive in their profession”, he stated.
MTN Nigeria has consistently shown dedication to training world-class media professionals in Nigeria, particularly through its Media Innovation Programme (MIP).
Since 2022, the ICT firm has partnered with Pan-Atlantic University to enable media practitioners across various platforms gain insight into the rapidly evolving media environment.
Convener and Executive Director of the Media Career Development Network, Lekan Otufodunrin acknowledged the impact of the telecommunications giant’s efforts in upskilling Nigerian media professionals.
“The 6-month Media Innovation Programme created by MTN in partnership with Pan-Atlantic University has afforded media practitioners in-depth training on the media space and even the opportunity to gain more insights in South Africa.
“We hope that MTN Nigeria will continue to champion this programme for the development of professionals”, he said.
The Media Capacity Development Support Award joins a long list of awards MTN Nigeria has received for its contributions towards institutions beyond the telecommunications sector and the general society.
Telecom
MobileCoreX Taps Wireless Technology Labs in Multi-Million Dollar Deal to Build New Mobile Core Network across Nigeria
Wireless Technology Labs (WTL) today announced that it has been chosen by MobileCoreX Ltd (MCX), Nigeria’s premier Mobile Virtual Network Enabler (MVNE), to spearhead the development of the country’s first mobile virtual network in a landmark deal valued at millions of US dollars over the next three years.
This initiative aims to enhance mobile connectivity for Nigeria’s 220+ million residents, addressing the current challenges of low broadband penetration and poor quality of service.
Nigeria’s telecom sector is predominantly dominated by four major operators—MTN, Airtel, Globacom, and 9Mobile – with only 29% of Nigerian’s 220+m population regularly accessing the mobile internet, (GSMA figures) due to poor coverage and a variety of other issues.
In Q2 of 2023, the Nigerian Communications Commission (NCC) adopted a new strategy to boost coverage and adoption, it issued 43 Mobile Virtual Network Operator (MVNO) licenses to amplify service coverage, particularly in unserved and underserved regions.
Amongst the licensee’s was MCX which obtained a tier 4 MVNE license aimed at constructing new mobile network infrastructure to provide capacity for emerging MVNOs as a platform as a service.
“Coverage, poor quality of service, costs and inflexible value propositions in Nigeria have persisted for too long.
“We are committed to leveraging innovative technology to create more competitive networks that reduce costs for consumers and provides value propositions that suite that needs,” stated Mr. Habib Ahmed, CEO of MCX.
He emphasized WTL’s pivotal role in delivering the carrier-grade core systems required for a comprehensive suite of mobile services, encompassing voice, data, and value-added features to meet the diverse needs of MVNO clients.
WTL, headquartered in Belgium, with over 20 years of experience, has been active in Nigeria and across Africa, working with operators of all sizes to rollout both urban and rural networks, work which has garnered it widespread recognition and industry awards.
The company has already partnered with two of the 43 new MVNOs licensed by the NCC, showcasing its commitment to enhancing telecom infrastructure in the region.
Mr. Satya Mekala, CEO of WTL “This partnership is about empowering a new entrant to make significant impact in the telecom market.
“We are committed to supporting MCX in its journey from a newcomer to a major player in the industry.
“Our advanced Core systems will ensure that MCX can offer reliable, scalable, and innovative mobile services from day one”.
As the telecom industry in Nigeria undergoes transformative changes, this collaboration signals a promising future for mobile connectivity and digital adoption in the country.
WTL will be showcasing its capabilities at upcoming events including MVNO Nation 2024 in Valencia, 6-8 November and The Africa Tech Festival in Cape Town, 12-14 November, further reinforcing its commitment to driving digital adoption across the continent and the globe.
To learn more about how WTL can help with the rollout of MVNO/E urban and rural networks in Africa, please email [email protected]
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