Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure company™ has announced it has completed its deal to acquire West African data centre and connectivity solutions provider MainOne for an enterprise value of US$320M, marking the beginning of its expansion into the African continent. The completion of this acquisition augments the …
Read More »Banks USSD Debt to Telcos Rises to N50 Billion
The Unstructured Supplementary Service Data (USSD) debt Nigerian banks owe telecommunications operators in the country has accumulated to N50 Billion, Business Remarks has learnt. Recall in March 2021, the USSD Debt was put at N42 billion, the agreement which was reached during a meeting on Monday with the representatives of …
Read More »Fibre Infrastructure: NCC Accelerates Deployment, Reviews Infracos Framework, Funding Options
The Nigerian Communication Commission (NCC) has constituted a committee to review the framework for the licensing of Infrastructure Companies (InfraCos) and recommend sustain a blue funding options for effective implementation of the proposed national fibre project. ALSO READ: Apple Unveils 4 New iPhones, Joins 5G Revolution The constitution of …
Read More »Airtel @10: Ogunsanya Lauds Pantami, Danbatta Visionary Moves as Subscribers Hit 50 Million
The MD/CEO, Airtel Nigeria, Segun Ogunsanya has commended the Hon. Minster of Communications and Digital Economy, Mallam Isa Ali Pantami, and the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, and other regulators for providing leadership and vision in the industry. Ogunsanya who stated this while …
Read More »NCC reiterates commitment to healthy competition, research-based policies
The Nigerian Communications Commission, NCC reiterated its commitment to maintain an enabling environment for healthy competition among telecommunications operators. The Commission said this was necessary to ensure the provision of qualitative and efficient services throughout the country in line with global best practices. The Commission equally declared its commitment to …
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