Telecom
Terror Attacks Threaten $25Bn Investment
The rising terrorist attacks on information and communications technologies (ICTs) infrastructure is threatening the over $25 billion investment in the telecommunications sector and creating an atmosphere of uncertainty, Nigeria CommunicationsWeek can now report.
The telecom industry which rose from the Dark Age and surged on private sector led investment in the last decade has become the new target of Islamic fundamentalists seeking to create a Muslim north and ban on western education.
Two weeks of coordinated attacks on ICT infrastructure has left many parts of Northern Nigeria without telecom services while operators count their losses.
In Borno state which appears worst hit, the MTN regional corporate office was razed and several other masts and BTS were also destroyed in the targeted attack, ostensibly carried by Islamic Boko Haram sect.
Wale Goodluck, MTN Corporate Services Executive (CSE), in statement reviewing the weeks’ events, stated that the destruction has affected mobile operations drastically.
He did rule out the possibility of the company pulling out of the region.
However, analysts’ believe the worst could still happen and warned of the adverse consequences if the sect is not reined in.
MTN’s out-sourced call centre operation has already pulled out of Jos, Plateau state, following the unending violence in the Northern Middle Belt state.
It is not clear yet the extent of damage the attacks have done to the nation’s economy.
Nigeria Communications Commission (NCC), the industry regulatory agency revealed that to date, the sector’s contribution to direct foreign investment (FDI) to the economy stood at $25 billion.
But with the targeted attacks against the sector, the huge optimism is threatened!
Gbenga Adebayo, chairman, Association of Licenced Telecommunications Operators of Nigeria (Alton), spoke of the collateral consequences of breach in telecom industry.
Adebayo warned that targeting telecom infrastructure for specific destruction would cause untold hardship and stunt national economic growth.
“When a base station is put out of service, often the implications go farther than the immediate environment. And this is one of the things we have been telling agencies of government which take delight in shutting down operators’ base stations. There are base stations which are hubs for an entire region. When it is out of commission, the entire region is blacked out. It’s as simple as that.” Adebayo added
Nodding in agreement, Lanre Ajayi, president, Association of Telecommunications Companies of Nigeria (Atcon), urged that the government to urgently enact law declaring ICT facilities ‘critical national infrastructure.’
“Until the government makes telecom facilities, critical national infrastructure and provide tight security for them, these ugly incidents may continue to happen. But now, everybody including the operators, common people and even the terrorists are suffering the fatalities of this action.
That is why it should not be left as the burden of the operators alone. Time to look at these issues differently is now.” Ajayi said
For now, industry operators are still counting their losses and are not able to volunteer information on cost implication of the terror attacks.
A publicist for a major telecom company said cost implications are enormous.
“It is not yet time to talk on that, at the appropriate time we will speak. The industry is computing its loss both in human and infrastructure” the publicist said
Dr. Eugene Juwah, executive vice chairman/CEO NCC, said that telecom contribution to Nigeria’s GDP earnings has risen to 2.39 per cent by 2007.
It was a sharp rise considering it recorded only 0.06 per cent before the turn of the century in 1999.\
He gave further encouraging statistics noting that the entire ICT sector contribution to the national GDP stood at 8.2 per cent in 2010. This figure is little over 50 per cent of the projected GDP contribution by 2015.
Mrs. Omobola Johnson, Minister of Communications Technology, said at an industry-wide stakeholders’ meeting early in 2012 that the ICT sector would contribute about 15 per cent to the nations’ GDP by early 2015.
She was optimistic that new investment inflow and optimum capacity utilization would enhance rapid development of the sector.
Telecom
Google, Meta Criticize Australia’s Rush to Pass Social Media Ban for Under-16s
Tech giants Google and Meta have called on the Australian government to delay a proposed bill that would ban children under 16 from accessing most social media platforms.
The companies argue that more time is needed to assess the bill’s impact and await results from an age-verification trial.
Prime Minister Anthony Albanese’s government aims to pass the legislation—one of the strictest globally on children’s social media use—by Thursday, the final day of the parliamentary year. Introduced last week, the bill was open for public submissions for just one day, drawing criticism for its expedited timeline.
The proposed law would require social media companies, rather than parents or children, to enforce age-verification measures, potentially using biometrics or government-issued identification. Companies found in breach could face fines of up to A$49.5 million ($32 million).
Meta criticised the bill as “inconsistent and ineffective” without clear results from the age-verification trial. Google echoed the sentiment, urging for a measured approach to ensure Australians understand the implications of the legislation.
TikTok raised “significant concerns” over the lack of consultation with experts, social media platforms, mental health organisations, and young people. “Novel policies must be drafted thoroughly to ensure their success,” the company stated.
Elon Musk’s X also opposed the bill, arguing it could infringe on children’s human rights, including their freedom of expression and access to information. Musk, a vocal advocate for free speech, accused the government of using the bill as a backdoor to control internet access.
The opposition Liberal Party has signalled support for the bill, while some independent lawmakers have criticised the government for rushing its passage. A Senate committee report on the bill is expected on Tuesday.
If passed, the bill will place Australia at the forefront of regulating children’s online activity, but its swift progression and potential implications have sparked a heated debate over privacy, freedom, and the role of government in digital spaces.
Telecom
Unforgettable Moments and Big Wins at the TECNO SPARK 30 City Tour
TECNO SPARK 30 city tour made a memorable stop at Ikeja City Mall on November 15th, bringing with it an infectious energy that electrified the entire city.
As the event unfolded, it was clear that this was more than just a product showcase – it was an immersive experience designed to thrill and delight.
The day’s festivities kicked off with the iconic TECNO SPARK 30 transformer bus, painted in bold red and blue hues, rolling into action.
The bus served as the hub for a games grotto, where fans immersed themselves in thrilling digital games and adventures.
Outside, the excitement spilled over, with attendees engaging in friendly competitions of Jenga, Monopoly, Ludo, and chess.
These games sparked laughter, playful banter, and a sense of camaraderie among strangers.
As the games heated up, so did the rewards. Purchasers of the TECNO SPARK 30 Pro enjoyed a N20,000 discount and a chance to win up to 100% cashback by participating in the games.
The atmosphere was electric, with cheers of victory, enthusiastic applause, and celebratory high-fives.
The excitement reached a fever pitch with the arrival of tech and lifestyle creator Kagan, accompanied by Big Brother Naija Season 9 stars Victoria and Ruthee.
The trio dove into the action, competing in games and claiming victory. They were awarded TECNO-branded gift items, earning cheers and applause from the thrilled crowd.
The event was an unforgettable experience, leaving a lasting impression on all who attended.
Telecom
Sophos Report Highlights Cyber Risks During Holiday Shopping Season
During peak shopping days, this threat intensifies.
Here’s what happens: with the surge in online deals, more employees may be shopping from their work computers, feeling that Cyber Monday is a legitimate time to do so.
This increases the risk of them clicking more freely and potentially exposing the organization to malicious links or phishing attacks.
To keep your organization safe, encourage your team to follow these simple tips:
• Don’t click deals in email that look too good to be true or are from businesses you don’t have accounts from – these could be phishing emails hoping to bait you into clicking links to bogus, malicious web sites.
This season, small steps can make a big difference in protecting against cyber threats.
- Telecom1 day ago
Google, Meta Criticize Australia’s Rush to Pass Social Media Ban for Under-16s
- E-Business2 days ago
NITDA Alerts Nigerians on Cybersecurity Risks Linked to Spotify
- Telecom2 days ago
FG Plans Four New Satellites as Part of Tinubu’s Renewed Hope Agenda
- Telecom2 days ago
MTN Nigeria Shops for N50Bn Commercial Paper to Boost Working Capital
- E-Financial1 day ago
PenCom, PenOp to Integrate Uncovered Workers into Micro Pension Plan
- News2 days ago
Asein, DG NCC Seeks IP Policy for Every University
- Telecom2 days ago
Empowering Youth: Highlights from Meta’s First Youth Summit in Lagos
- E-Financial11 hours ago
MoneyMaster Promotes Financial Inclusion, Offers more Bonus to Customers