Connect with us

Telecom

Medallion Eyes 4 Cities Expansion, NSE

Published

on

Kindly share this post

Medallion Communications Limited, which builds and operates technologically advanced and secure neutral telecommunications infrastructure that enable the exchange of telecom traffic amongst the different operators, plans to roll out its services across four cities in Nigeria.

The move will enable telecom operators to offer efficient and cost effective services to the general public in a non-discriminatory manner.

The company is also eyeing listing on the Nigerian Stock Exchange (NSE) as part of its strategic five years’ growth plan.

Mr. Ikechukwu Nnamani, president and CEO who disclosed these when he led the company’s team on a courtesy call on the management of Communication Week Media Limited in Lagos, listed the cities as Enugu, Port Harcourt, Ibadan and Kano.

Mr. Nnamani said  “Our goal is to launch in four cities; presently, we are in Lagos and Abuja. So, we want to put infrastructure in Enugu, Port Harcourt, Kano and Ibadan. From all indications we may be adding Asaba to the plan. This will be bringing data centre and interconnect exchange points to meet the needs of service providers, similar to what we have done in Lagos. Today, the Medallion facility in Lagos is the most connected point across the sub-region in terms of the point base and operators

“As part of the plans to grow the brand, we see ourselves going public by listing on the Nigerian Stock Exchange (NSE). That way, Nigerians will also participate in what we are doing. It is very key to us and we expect this to happen within the next five years”.

In his response, Mr. Ken Nwogbo, publisher and editor in-chief, Communication Week Media Limited, commended Medallion’s team for its innovations and services targeted at all operators in the market including mobile, fixed, value added service, and content provider.

“It is commendable that Medallion’s infrastructure is designed to be robust and protocol independent to enable all classes of operators to interface seamlessly. This is smart and beneficial to stakeholders within the value chain and Communication Week Media identifies with excellence”, he said.


Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

Continue Reading
Advertisement
Comments

Telecom

AMN Activates Starlink Cellular Backhaul Connectivity in Nigeria

Published

on

Kindly share this post

Africa Mobile Networks Group (AMN) has said that its first of its base stations in Nigeria to connect to SpaceX’s Starlink constellation is now live and using the LEO satellite network for backhaul connectivity.

AMN Activates Starlink Cellular Backhaul Connectivity in Nigeria

It’s the first AMN base station to connect to Starlink since AMN and SpaceX signed a commercial deal in July 2023 to use Starlink for remote base station backhaul connectivity across Africa.

AMN said in a statement that Starlink’s low-latency connectivity enables its multi-carrier RANs to sustainably provide 2G, 3G and 4G services in remote, rural areas of Nigeria. AMN also said it also paves the way for the launch of 5G services, which AMN plans to do before the end of this year.

AMN, which builds, owns, operates and maintains mobile network infrastructure for African mobile network operators, currently operates 1,600 base stations across Nigeria.

The company said it will continue to install new sites throughout 2024 in Nigeria, as well as Democratic Republic of the Congo, Cameroon, Madagascar, Cote d’Ivoire, Benin and Rwanda. AMN also has operations in Bissau, Ghana, Guinea, Liberia, Sudan, and Zambia.

Starlink has been commercially available to consumers and enterprise customers since January 2023. Last week, according to a report from Nairametrics, Starlink slashed the price of its internet router by 45%, although its monthly subscription rate remains unchanged. No reason was given, but the report suggests the move may be related to the naira’s recent appreciation against the US dollar and other foreign currencies.

According to figures from the Nigerian Communications Commission (NCC), Starlink had over 11,200 subscribers in the country as of the third quarter of 2023 – which also makes it one of the top ISPs in Nigeria, the report said.

 

 

 

 

 

 

 

 

 


Kindly share this post
Continue Reading

Telecom

FG Plans EO to Criminalise Fiber Cable Damage Costing Telcos Billions

Published

on

Kindly share this post

Nigeria will criminalize the destruction of broadband fiber cables following repeated complaints by MTN Nigeria Communications Plc and other telecommunications companies that they are losing billions of naira, according to people familiar with the matter.

FG Plans EO to Criminalise Fiber Cable Damage Costing Telcos Billions

Federal ministry of works, which supervises federal road constructors, is finalizing the regulation that will be signed as an executive order by President Bola Tinubu, said the people, asking not to be identified as they weren’t authorized to comment.

While there are presently laws against vandalism, the authorities are aiming to regulate construction firms more closely.

The order will enforce stiff penalties on offenders, said the people, declining to provide more details or say when it will be signed.

“Telecom assets are critical backbone that supports the economy across sectors,” said Temitope Ajayi, a senior presidential aide, who noted that the Association of Telecommunications Companies (ATCON) has been demanding the classification for years.

New rules will provide “further assurance that the Nigerian government will protect their investments against vandals and criminal elements.”

The Nigerian Communications Commission (NCC) estimates that the sector will make up more than a fifth of the country’s gross domestic product by the end of 2027, up from 13.5% in the third quarter of last year.

The move will help alleviate pressure on the telecoms sector, which is facing increased operating costs and sales pressures from a sharp depreciation in the currency and a threefold increase in energy prices.

Repairs and revenue losses from damaged cables is estimated to have cost the sector almost 27 billion naira ($23 million) last year alone, documents seen by Bloomberg show.

MTN Nigeria, the biggest wireless operator in Africa’s most-populous nation, and Airtel Africa Plc bore the brunt of the costs, the documents show.

MTN suffered more than 6,000 cuts on its fiber cable last year, the documents show. On Feb. 28, a cut on its network in three different locations by a road construction firm, an oil serving company and someone burning rubbish in a manhole meant customers faced more than five hours of data and voice outages.

The operator relocated 2,500 kilometers (1,553 miles) of vulnerable fiber cables between 2022 and 2023, at a cost of more than 11 billion naira – enough to build 870 kilometers of new fiber lines to areas without coverage.

A presidential order on the matter would be welcomed, said Tony Izuagbe Emoekpere, president, Association of Telecommunications Companies of Nigeria.

“When it comes to communication infrastructure, they are destroyed at will, so we are eagerly awaiting the president’s order,” he said. “It would be a great boost to the industry, and it will also encourage investment.”

 

 


Kindly share this post
Continue Reading

Telecom

Telegram Eyes 1Bn Users amidst Political Pressures

Published

on

Kindly share this post

Telegram, the messaging giant founded by Pavel Durov and headquartered in Dubai, anticipates hitting a remarkable milestone of one billion active monthly users within the next year.

Durov’s departure from Russia in 2014, prompted by governmental pressures to stifle opposition communities on his VK social media platform, underscores Telegram’s commitment to neutrality despite geopolitical challenges.

With 900 million active users currently, Telegram stands as a beacon of free speech in the digital realm, particularly influential in former Soviet Union republics and pivotal during conflicts like the Russia-Ukraine standoff.

Durov’s staunch advocacy for freedom of expression and opposition to censorship by tech giants like Apple and Google reinforces Telegram’s status as a neutral platform.

Opting for the UAE as its base, Durov cites its neutrality and openness as conducive to Telegram’s ethos, serving both opposition groups and governments alike while maintaining impartiality.

In Durov’s vision, the pursuit of freedom eclipses material gain, shaping Telegram’s trajectory as a bastion of digital liberation.

 

 


Kindly share this post
Continue Reading

Trending