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N3bn SIM boxing loss: FG, telcos up in arms against fraudsters

N3bn SIM boxing loss: FG, telcos up in arms against fraudsters

Chinenye Anuforo The Nigerian telecommunication industry has suffered severe financial hemorrhage ranging from validations of its infrastructures to multiplicities of taxes and now call masking, also known as SIM boxing among others. Call masking is an act of concealing international calls coming into the country by presenting them as local calls, in order to make […]
The post N3bn SIM boxing loss: FG, telcos up in arms against fraudsters appeared first on The Sun Nigeria. …

NCC licences 6 infrastructure coys to deploy broadband services

NCC licences 6 infrastructure coys to deploy broadband services

Desmond Mgboh, Kano The Nigerian Telecommunications Commission (NCC) has licensed six infrastructure companies(infraco) for the deployment of broadband fiber across the 774 Local Government Areas of the country. The Executive Vice Chairman NCC, Professor Umar Garba Danbatta, announced this at a Regional Broadband Engagement Forum in Kano yesterday. According to him, the companies had been […]
The post NCC licences 6 infrastructure coys to deploy broadband services appeared first on The Sun Nigeria. …

Telecom Industry suffers $3bn revenue loss to, call masking, simboxing- NCC

Telecom Industry suffers $3bn revenue loss to, call masking, simboxing- NCC

Chinenye Anuforo The Nigerian Communications Commission (NCC) yesterday disclosed that simbox or Interconnect Bypass Fraud (IBF) is one of the most prevalent fraud in the Telecom Industry today and estimated to be costing the industry about $3 billion in lost revenue. Call masking/refiling is basically when an international call is terminated in Nigeria as a […]
The post Telecom Industry suffers $3bn revenue loss to, call masking, simboxing- NCC appeared first on The Sun Nigeria. …

NCC woos investors with 30% income tax reduction

NCC woos investors with 30% income tax reduction

Regulator says sector attracts $5b quarterly FDI   Nigeria’s telecoms sector regulator, the Nigerian Communications Commission (NCC) on Tuesday said prospective investors into the telecoms sector would only need to pay 30 per cent of income tax, among other mouth-watering incentives rolled out by the Federal Government. The regulator also said the telecoms sector which attracted $70 billionRead More
The post NCC woos investors with 30% income tax reduction appeared first on The Nation Nigeria. …

MTN to list on NSE by May 2019 – Danbatta

MTN to list on NSE by May 2019 – Danbatta

Danbatta said the five infrastructure companies which hold licenses to drive broadband penetration across
The post MTN to list on NSE by May 2019 – Danbatta appeared first on – The Sun News. …

NCC withdraws 36 million redundant subscribers lines

NCC withdraws 36 million redundant subscribers lines

The Nigerian Communications Commission, NCC, said on Thursday that about 36 million redundant lines of subscribers have been withdrawn in the past few months so as to give room for effective management of telecom facilities. Its Executive Vice Chairman Prof. Umar Garba Danbatta said the lines had to be withdrawn because “we do not haveRead More
The post NCC withdraws 36 million redundant subscribers lines appeared first on The Nation Nigeria. …

Nigeria eyes two positions in International Telecommunications Union

Nigeria eyes two positions in International Telecommunications Union

Nigeria will be vying for two positions at the 2018 International Telecommunications Union conference. The conference, which is themed Innovation for Smarter Digital Development, will hold in Durban, South Africa The post Nigeria eyes two positions in International Telecommunications Union appeared first on TheCable.

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