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Leading ICT Company in Nigeria, MTN has reaffirmed its long-term commitment to its stakeholders including 63 million customers, thousands of employees, vendors, partners and consultants. This commitment and belief in the long term sustainability of the business was one of the drivers of the company’s decision to seek judicial determination in line with due process and the rule of law over the huge fine imposed by the Nigerian Communications Commission (NCC). In a statement signed by MTN’s Human Resources & Corporate Services Executive, Amina Oyagbola, the 780 billion Naira fine has potentially dire consequences for the company, its employees, partners, stakeholders as well as the entire Nigerian telecommunications industry. Being a significant contributor in Nigeria, MTN has an obligation to protect the interests of its ecosystem of millions of Nigerians who are directly and indirectly affected by its business operations and continuity. According to Oyagbola, the decision ...

The ITU Radiocommunication Assembly concluded today after deliberating this past week on new directions in radiocommunications. Held every three to four years, the Radiocommunication Assembly deliberated the future direction of radiocommunications and reached significant decisions that will influence the future development of radiocommunications worldwide in an increasingly wireless environment. The Radiocommunication Assembly (RA-15) was chaired by Mr Akira Hashimoto (Japan). Around  460  participants from 97 countries attended the Assembly. “The ITU Radiocommunication Sector plays a central role in the technological progress of telecommunications and information and communication technologies,” said ITU Secretary-General Houlin Zhao, noting that issues facing the ICT sector have become increasingly diverse and complex. “At a time when technical solutions require greater innovation and skill, this Radiocommunication Assembly addressed the rapid changes underway in the...

  South Africa's MTN on Tuesday said the Nigerian regulator had renewed its operations and licence up to 2021 at a cost of 94.2 million dollars. MTN said that it received confirmation from the regulator that its operating spectrum in the 900 MHz and 1800 MHz frequency bands had been renewed. There were media reports recently that MTN had a 5.2 billion dollars' fine imposed on it by the Nigerian Communications Commission (NCC) for failing to deregister SIM cards in its largest market. MTN's operating spectrum and digital mobile licence were issued in 2001, and both were due to expire in February 2016. Both have now been extended to Aug.31, 2021, the firm said. "We view this extension as a demonstration of confidence in MTN's capacity to continue to provide ground-breaking and innovative services to its customers," Akinwale Goodluck, said in a separate statement. Goodluck is MTN's corporate affairs executive. Shares in MTN, which earns 37 per...

Significant opportunities for retail-focused businesses on the continent The African continent is experiencing rapid retail expansion, and is being compared to China in 1987 when it was predicated to be the next big thing(1). A.T. Kearney’s 2015 Global Retail Development Index has listed Sub-Saharan Africa as the ‘big story’ for 2040, similar to that of China 30 years ago, where today, retailers are expanding four to five times faster than retailers in the United States and Europe. Recognizing this potential, DHL ( http://www.dpdhl.com ) is playing a key role in growing retail on the continent via its current footprint of 5 800 retail outlets across Sub Saharan Africa (SSA), not by building its own bricks and mortar branches but by partnering with local business owners who act as DHL resellers. Steve Burd, Acting Vice President of Sales for DHL SSA, says, “Thousands of vendors – such as electronics stores, travel agents and stationery stores – now offer DHL Express service...