16 results
- 13 Dec 2012
Starcomms Holds Shareholders Briefing on Capcom’s Deal
Starcomms Plc will this morning (Thursday) start hosting a series of shareholders' meetings to present the structure of the proposed $210 million investment in the company by Capcom. The meetings,…
- 1 Nov 2012
Capcom to Inject $210m in Starcomms
Starcomms Plc has inked an agreement with Capcom Limited, a major equity investor in the proposed merger of Nigeria's three Code Division Multiple Access (CDMA) operators to provide Starcomms with a…
- 4 Dec 2012
Starcomms Seeks Shareholders Nod for Capcom’s Lifeline
Starcomms Plc is seeking its shareholders’ approval to allow the injection of the much needed capital; technology; and expertise from Capcom Limited to rejig the troubled operator. The shareholders…
- 1 Jan 2013
Starcomms Shareholders Okay Capcom’s Take Over
Shareholders of Starcomms Plc at the weekend endorsed the re-organisation of its Share Capital structure as part of the requirements for its acquisition by Capcom, a special purpose vehicle created…
- 5 Dec 2012
Our Plans for Starcomms by Capcom
Capcom , the special purpose vehicle solely created to make an equity investment into Starcomms has revealed an ambitious turnaround strategy for the troubled telecom operator including a significant…
- 16 Oct 2013
CDMA Rings into Distress as Capcom Deal Stagnates
Code Division Multiple Access (CDMA) segment of the Nigeria’s telecoms industry is ringing into oblivion as a cloud of uncertainty hang over the sky-high hope raised by the proposed merger of…
- 9 Jan 2013
Afreximbank, Starcomms Ink N9.7Bn Deal
Africa Export Import Bank (Afreximbank) has concluded arrangements to extend a loan facility of $62 million (N9.7 billion) to new owners of Starcomms, Capcom to facilitate the acquisition of the…
- 12 Nov 2012
Cash Injection in CDMA Rings Resurgence, Fears
The multi-million dollars cash injection into the Code Division Multiple Access (CDMA) operations by CAPCOM, the new operator from the merger of Starcomms, Multilinks and MTS First Communications is…
- 13 Jan 2014
NCC Warns Starcomms Over Merger Delays, May Revoke Approvals
Nigerian Communications Commission (NCC) has said it might revoke approval for the merger of MTS, Multi-Links and Starcomms, all CDMA networks as Capcom, the investment firm trying to tie knots seems…
- 27 Dec 2012
Starcomms Losses Hit N5.3Bn
Starcomms Plc has reported a net loss of N5.3 billion in the third quarter ended September 30, 2012, indicating a steady decline of the telecom company when compared with the N478.69 million recorded…
- 20 Apr 2014
Revealed! How Asian Vendor Helped Kill Starcomms
Starcomms Plc, the once flourishing code division multiple access (CDMA) operator, was experiencing excruciating difficulties in its operations. The company owners searched frantically for a way to…
- 10 Jan 2013
NCC's Spectrum Saga Gets Messier with Fresh Cans of Worms
It is the story of the alleged frequency racketeering at Nigeria Communications Commission (NCC): for every rebuttal by the commission, fresh cans of worms are being opened. The federal government’s…
- 11 Aug 2019
NCC Marks 693 Telecom Masts for Demolition
Nigerian Communications Commission (NCC) has marked a total of 693 abandoned telecom masts and towers across the country for demolition, according to Dr Henry Nkemadu, director, Public Affairs, NCC.…
- 22 Apr 2013
MNP Gives Subscribers Power to Fire GSM Operators
The telecom industry yesterday gave birth to mobile number portability (MNP), a new democratic environment which empowers a subscriber to dump his or her network service provider if he or she is not…
- 13 Dec 2012
NCC Talks Tough on Frequency Usage
Nigerian Communications Commission (NCC) said it will undertake a more efficient implementation of assigned spectrum to ensure optimal usage and by this, the commission will go tough on the ‘use -it…
- 12 Jun 2025
Court Declines Access Bank’s Request to Freeze MTNN Account over N180Bn Claims
Federal High Court in Lagos has declined Access Bank Plc’s request to freeze the bank accounts of MTN Nigeria Communications Plc over a disputed N180.95 billion debt claim linked to a long-expired…