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Nigeria Finally Sets Date to Host Highly Anticipated 5G Spectrum Auction

Image sourced from the Verge. The Nigerian Communications Commission (NCC) has finally officially declared the date on which it will auction the 3.5Ghz spectrum for the deployment of 5G technology in the West African country. Currently, the auction is expected to be held on 13 December 2021 and, according to the Information Memorandum (IM), seen by TechNext, presented by the NCC at a stakeholders engagement forum held in Lagos recently, the reserved price for the spectrum has been started at $197.4-million. At the auction, bidders can win a 10-year 5G spectrum license but must have an operational Universal Access Service License (UASL) as a minimum requirement for bidding. New entrants or licensees without a UASL will be required to obtain one to qualify for the 5G license. The NCC said vi...

Just How Many Shares is MTN Nigeria Preparing to Sell in Upcoming Offer

Sourced from TheTechieGuy (https://thetechieguy.com/) The MTN Group, representing the largest telecom company in Africa, has announced that it is preparing to sell shares in its Nigeria arm worth about $242-million in the continuation of its plan to dispose of assets and pay down debt. MTN Nigeria, which was listed in Lagos in 2019, will offer 575 million shares, according to a statement released on Thursday. The move marks a larger effort to sell about 14% of the MTNs holdings in its Nigerian arm – the “largest and most profitable unit,” according to the company. The news has spiked the price of MTN’s shares listed on the Johannesburg Stock Exchange by 3.6%, the largest rise in over a month. The MTN Group stock has surged 138% this year, making it the best performer on the FTSE/JSE Africa...

Just How Many Shares is MTN Nigeria Preparing to Sell in Upcoming Offer

Sourced from TheTechieGuy (https://thetechieguy.com/) The MTN Group, representing the largest telecom company in Africa, has announced that it is preparing to sell shares in its Nigeria arm worth about $242-million in the continuation of its plan to dispose of assets and pay down debt. MTN Nigeria, which was listed in Lagos in 2019, will offer 575 million shares, according to a statement released on Thursday. The move marks a larger effort to sell about 14% of the MTNs holdings in its Nigerian arm – the “largest and most profitable unit,” according to the company. The news has spiked the price of MTN’s shares listed on the Johannesburg Stock Exchange by 3.6%, the largest rise in over a month. The MTN Group stock has surged 138% this year, making it the best performer on the FTSE/JSE Africa...

Oracle & Orange to Launch Cloud Services in These West African Countries

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Liquid & Orange Trade Networks Through New Telecoms Partnership

A new strategic partnership has been announced in Africa’s telecom space as South African Liquid Intelligent Technologies (Liquid) and Orange, a French telecom and one of the largest telecom companies in Africa, sign a deal to leverage each other’s existing networks in Africa, allowing them even greater access and opportunity to build their businesses throughout the continent. This partnership will give Liquid access to Orange’s extensive network in West Africa, including the new Djoliba network. Likewise, it will give Orange access to Liquid’s pan-African network. As a result, the two organizations will offer end-to-end high-speed connectivity and services across their networks, servicing existing and new customers in over 20 African countries. “Our customers are the real winners in this ...

New Company Touting “Clean, Affordable Solar Energy” Launches in Nigeria

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Nigeria’s eNaira Launches But Why Are Banks Suddenly Getting Cold Feet?

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African Development Bank & MTN Launch Women’s Finance Study in Nigeria

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MFS Africa Expands to Nigeria After This Massive Fintech Acquisition

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Nigerian Users Remember #EndSARS Protest 1 Year After Deadly Marches

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Liquid Connects East & West Africa with Brand New Fibre Cable Route

Image sourced from The Zimbabwe Mail. Liquid Intelligent Technologies, a leading pan-African telecommunications technology group has announced the launch of its shortest terrestrial fibre route between the East to the West coasts of Africa, connecting Mombasa, Kenya to Muanda, DRC. With the completion of this route, Liquid establishes a new global internet transit route between Asia and the USA through Africa, avoiding high-risk bottlenecks in the Middle East and Europe. Liquid hopes the new route will serve the tens of millions of people in Africa’s landlocked cities, towns, and villages. “Access to high-speed connectivity is vital to ensuring that organisations on the continent can continue their digital transformation journeys to remain relevant and be part of this growing digital econo...

MTN Nigeria CEO Apologises for Outage, Gives Subscribers Free Data

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