Friday , March 29 2024

Tag Archives: Telecommunications operators

Equinix Completes, Closes MainOne US$320 Million Acquisition Deal

Equinix Completes, Closes MainOne US$320 Million Acquisition Deal

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 …

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Banks USSD Debt to Telcos Rises to N50 Billion

Banks USSD Debts 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 …

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Fibre Infrastructure: NCC Accelerates Deployment, Reviews Infracos Framework, Funding Options

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 …

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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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