Telecomms – Page 17 – City Business News

October 23, 2016 No Responses

AT&T explains $86B deal with Time Warner

(BBC) The US telecoms giant AT&T has announced that it will buy entertainment group Time Warner for nearly $86bn (£70bn). The deal was agreed at a meeting of the two boards on Saturday but will still need to be approved...

October 10, 2016 No Responses

NCC records 94m internet users in August

The Nigerian Communications Commission (NCC) as at August 2016 has in its networks 93,591,174 internet users. According to NCC, the data revealed that internet usage on the Global System for Mobile communications (GSM) and the Code Division Multiple Access....

September 28, 2016 No Responses

Senate probes four banks over alleged MTN’s transfer of $13.9B

The Senate has directed its Committee on Banking, Insurance and Other Financial Institutions to investigate the alleged illegal repatriation of $13.9 billion to South Africa by MTN through its bankers between 2006 and 2016. The probe is also expected...

September 26, 2016 No Responses

‘The Internet of Things’ will change the World, says Imudia, ALCATEL Regional Director

The Internet of Things – an ecosystem of smart, connected devices and sensors that talk to each other and take independent, automated action – is here and will become a part of our everyday lives within the next two to...

September 21, 2016 No Responses

FG bans Samsung Galaxy Note 7 on airlines

The Nigerian Civil Aviation Authority, NCAA, has directed passengers not to turn on or charge their Samsung Galaxy Note 7 devices on board aircraft following recent incidents and concerns raised by its manufacturers. The aviation regulatory body gave the...

September 15, 2016 No Responses

NCC to sanction Globacom

(NAN) The Nigerian Communications Commission (NCC) is to sanction Globacom for not adhering to the 10 per cent threshold for interconnect traffic by telecom companies. This is contained in the organisation’s 2016 Q1 Compliance Monitoring and Enforcement Repo...

September 13, 2016 No Responses

Samsung loses $44 Billion of value

(BLOOMBERG) Tepid demand for Samsung Electronics Co.’s newest Galaxy smartphones triggered a fifth straight monthly decline for the electronics maker, wiping out about $44 billion in market value since April. Shares of the world’s biggest smartphone vendor...

September 10, 2016 No Responses

‘Samsung Galaxy Note 7 too dangerous to use’

The U.S. Consumer Product Safety Commission says owners of the Galaxy Note 7 smartphones should turn them off and stop using them because of the risk that their batteries can explode. The agency also says it’s working with Samsung on an...

August 23, 2016 No Responses

TUC faults proposed 9% hike on telephone calls, SMS, others

The Trade Union Congress of Nigeria (TUC) has condemned Federal Government’s proposed imposition of Communication Service Tax (CST) “as recently mooted by the Minister of Communication, Mr. Adebayo Shittu”. TUC in statement issued by Its President B...

July 18, 2016 No Responses

NCC remits N70b into federation account

Between December 2015 and March 2016, the Nigerian Communications Commission (NCC), remitted N70 billion into the federation account. The amount according to a statement issued by the commission is in addition to the N30 billion paid by MTN Nigeria Communica...

July 8, 2016 No Responses

Reps insist on compulsory listing of telecomms, oil & gas firms

The Speaker, House of Representatives, Mr Yakubu Dogara has reiterated the commitment of lawmakers to pass laws to compel multinational oil and gas companies as well as telecommunication firms doing business in Nigeria to list their shares on the floor...

December 5, 2015 No Responses

MTN to pay N780b, not N647b, says NCC

The Nigerian Communications Commission has clarified that the fine of N1.04trillion imposed on the MTN Group was reduced by 25 per cent, and not 35 per cent as initially reported. According to NCC, the company will now have to pay...

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Category: Telecomms