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Check here for the latest news and headlines of what's going on in the Nigerian telecommunications industry and the activities of the Nigerian Communications Commission

A comprehensive report of a seminal study undertaken by PriceWaterhouseCoopers for the telecommunication industry in Nigeria with a thematic focus on cost based determination of mobile voice termination rate, was presented to industry stakeholders today at the Nigerian Communications Commission Head Office in Abuja.

Consistent with NCC's principled commitment to participatory regulation, a broad spectrum of industry players and other stakeholders attended the event which kick-started another project of the Commission aimed at re-positioning the telecom sector for greater heights.

Despite the grim challenges arising from the N330b fine imposed on it by telecommunication regulator, Nigerian Communications Commission (NCC) last year, MTN Group has implicit confidence in its Nigerian operations.

This was the declaration of its Group Chairman/Chief Executive, Mr. Phuthuma Freedom Nhleko when he led a high level delegation to the NCC Headquarters in Abuja recently.

Nhleko, who was received by the Executive Vice Chairman (EVC) of the NCC, Prof Umar Danbatta and top management of the Commission said the Group has faith in Nigeria and will be willing to invest more in the sector in the years to come. “We had challenges in the past, during the period of the fine, and we are grateful for the role, the Commission played towards an amicable resolution”.

The Mobile World Congress is a week long conference organized by the GSMA - an organization representing the interests of mobile operators worldwide. It holds every February in Barcelona, Spain and it brings together about 800 operators and over 250 companies in the mobile industry, the largest gathering of its kind, to collaborate and conduct business.

Nigeria's delegation to the Mobile World Congress 2017 recorded an impressive outing at the conference of global stakeholders in the mobile ecosystem, meeting and exchanging views with other regulators, and operators and manufacturers from all over the globe.

Despite what looks like economic downturn, investments in the fast growing telecommunications sector have been put at $68b as at July, 2016.

Of this figure, $35b comes from Foreign Direct Investments (FDIs)

The immediate past Secretary General of the International Telecommunications Union (ITU), Dr. Hamadoun Toure as keynote speaker at the Nigerian Telecoms Investment Forum at the just concluded ITU Telecom World 2016, Bangkok, Thailand said these figures recorded so far in Nigeria point to the fact that “the country is certainly a preferred destination for telecommunications investors in Africa”.

By all standards, Nigeria had a very impressive outing at ITU Telecom World, Bangkok 2016. This was no accident. Everything was painstakingly organized. Thus the seriousness Nigeria attached to the conference was not only symbolized in the country’s majestic pavilion at the occasion but was also glaringly evident in the caliber of networth individuals assembled to project its ICTs investment potential to the rest of the world. ITU Telecom World represents the ultimate pilgrimage for the top echelons of the industry’s finest. It's where they congregate, brainstorm and make far-reaching recommendations on how to move, unarguably the most dynamic industry in the world, forward. It’s one huge convergence that every nation hopes to explore to flaunt, to the rest of the world, what it has in abundance and thus ready to offer.

Monday April 24, 2017

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