Telecom
6 Telcos Know Fate this Week over Alleged Call Masking

Nigerian Communications Commission (NCC) said it will impose the maximum possible penalties on any of its licencees implicated in masking of international telephone calls.
The regulatory body announced this on Monday in Lagos, in a statement by Mr Tony Ojobo, director of Public Affairs.
The statement said it was likely that the operating licences of some of the interconnect exchange and other licencees involved in the practice would either be revoked or suspended in the coming week.
Twillio, an online Communications glossary, says masked calling is a technique used in e-commerce to protect buyers’ and sellers’ personal phone numbers private.
It uses a short-lived phone number for each party, allowing them to communicate seamlessly during a specified time period.
The suspected licencees include Medallion Communications Ltd, Interconnect Cleaning House Nig. Ltd, Niconnx Communication Ltd, Breeze Micro Ltd, Solid Interconnectivity and Exchange Telecommunications Ltd.
It said that the commission and senior operatives from the nation’s security services met with representatives of the licencees at the commission’s Abuja office on Jan. 24.
The statement said that the companies were confronted with some of the evidence at the disposal of the commission and were given another opportunity to defend themselves.
”In accordance with the provisions of the Nigerian Communications Act and its subsidiary regulations, the implicated licencees have been given till the Jan. 31 to show cause why the commission should not either revoke or suspend their operating licences.
“(This is) in view of evidence of their involvement now at the disposal of the commission and the security agencies.
”Because of the critical impacts of this nefarious practice on national security and consumer experience, the commission is determined to decisively deal with any of its licencees implicated in the scam.
“We do not want to expose the country to any further embarrassment. At the very least, serious sanctions would be imposed on them, if it is found that their involvement does not justify revocation of their licences,” the statement said.
It said that the regulatory body had taken the pains to very strictly follow the provisions of the applicable laws, so that no one could claim to be unfairly treated, given the severity of the planned sanctions.
The statement added that customer experience data monitored by the commission indicated that there was a noticeable reduction in the volume of masked calls being received by subscribers.
It said that this was reflective of the very aggressive measures the commission had taken to deal with the menace.
“Nonetheless, we are not taking anything for granted. We will continue to aggressively monitor all our licencees, regardless of their sizes or the scope of their operations.
”Anyone found wanting would be strictly dealt with in accordance with the law,” it said.
Telecom
MTN Mulls Establishment of Fintech Firm in Nigeria, Others

MTN Uganda is seeking input from stakeholders on a plan to structurally separate its mobile money service, MoMo, from its core telecoms business.
According to the company, the proposed change will be discussed at the upcoming extraordinary general meeting on July 2.
If approved, the telco’s fintech business will be run by a new company controlled by MTN Group Fintech Holdings B.V. and a trust benefiting minority shareholders following a merger.
Additionally, the restructuring also aligns with MTN Group’s ambition 2025 strategy which aims to unlock value, attract new investors, and strengthen regulatory compliance by creating standalone fintech entities in Uganda, Ghana, and Nigeria.
The company’s fintech division has over 13 million customers, with an 18.4% revenue increase in the first quarter of 2025, driven by 19.0% growth in mobile money services, 19.8% growth in transaction volumes, and a 31.4% increase in transaction value.
Reports say the decision is part of the telco’s compliance with the National Payment Systems Act 2020, which mandates mobile money businesses to operate as standalone entities, and to align with MTN Group’s regional fintech strategy.
MTN Uganda, which is led by CEO Sylvia Mulinge, highlighted that the implementation of the proposed transaction will be subjected to a number of conditions and regulatory procedures.
“The implementation of the proposed transaction shall be subject to a number of conditions, including the company and MTN MoMo receiving all required regulatory approvals and no-objections and complying with any regulatory conditions,” said MTN Uganda in notice.
Telecom
Netflix Expands European Presence with €1 Billion Investment in Spain

Netflix has announced plans to invest more than €1 billion in Spanish film and television productions over the next four years, reinforcing its commitment to Spain as a key creative hub in Europe.
The announcement was made by co-chief executive Ted Sarandos at an event held at Netflix’s production studios near Madrid, celebrating the company’s 10-year presence in the country.
Sarandos emphasized that the investment would contribute significantly to Spain’s economy, create jobs, and enable the streaming platform to produce more local content. He was joined by Spanish Prime Minister Pedro Sánchez in unveiling the initiative.
Netflix first established its international production studios in Madrid in 2019, following the success of the Spanish-language hit series Money Heist.
Since then, its 22,000-square-meter facility has become one of Netflix’s major production centers within the European Union.
The company currently supports over 20,000 jobs in Spain, highlighting the nation’s growing influence in global entertainment.
The investment reflects Netflix’s ongoing strategy to expand its presence in European markets through original content and local talent.
Telecom
ngCERT Issues High Alert to Nigerians Using Android Phones

Nigeria Computer Emergency Response Team (ngCERT) has raised alarms over a new wave of advanced cyberattacks targeting Android mobile phones through a malware campaign dubbed Tria Stealer.
The malicious software is designed to infiltrate Android devices, hijack messaging accounts, intercept One-Time Passwords (OTPs), to steal sensitive personal and financial data.
According to ngCERT, Tria Stealer spreads primarily through deceptive tactics, such as fake event invitations distributed via popular messaging platforms like WhatsApp and Telegram.
Unsuspecting users are enticed to download an infected (APK) file, often disguised as a harmless system application, to evade detection.
Once installed, Tria Stealer requests extensive permissions, including access to SMS, call logs, and app notifications.
It immediately commences data harvesting activities, sending stolen information to a Command and Control (C2) server operated via Telegram bots.
This trojan spreads through fake links, usually disguised as wedding or event invites, and tricks users into downloading malicious APK files
“Account takeover of messaging platforms. Impersonation of victim for fraudulent money transfer requests. Compromise of banking and financial applications. Identity theft and credential harvesting.”
In plain terms, if your phone is compromised, the consequences could be catastrophic.
Your financial apps are vulnerable, your reputation could be ruined by impersonation and even simple personal messages could be twisted into tools for scams.
Here’s what users should be doing now:
Don’t download apps outside the official Play Store.
Be suspicious of random invites or links, even from people you know.
Turn on 2FA for everything—banking, emails, social platforms.
Get a reputable antivirus and keep it updated.
If you run an organisation, you should already be taking this seriously.
ngCERT’s guidance says you should raise awareness, monitor mobile devices, and not let your team click on unverified links.
“Deploy network monitoring for suspicious outbound connections to known C2 domains,” it said, meaning, keep an eye on every digital door in and out.
This isn’t one of those cases where you wait to see if it affects you. By the time you realise it, it may already be too late.
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