Telecom
Why your Company Needs to Switch to Cloud Computing
Cloud computing is accessing and storing your information on storage in an external location, rather than locally. In fact, you probably utilize cloud computing on a daily basis without ever thinking about it.
Anytime you use social media, watch a video on Netflix, check the balance in your checking account, use online documents such as Google Sheets, or check your email, you’re accessing the cloud.
Bring Your Own Device (BYOD)
Cloud computing allows your company to embrace Bring Your Own Device (BYOD) methodology, in which companies allow employees to bring and use their own devices for work.
BYOD methodology reduces the capital required in acquiring work tools in the company but it also comes with its cons which is the ability to have a unified IT environment for your company. But with cloud software this issue becomes null and void, as the user simply needs to download the corresponding app on their mobile devices or go to a web browser on their PC/Mac to access the cloud application.
Lower Overhead
The core benefit of cloud computing is getting the power of having a full IT staff without needing to hire a full team.
Cloud computing solves the issue of having to employ staff in the IT department and often times than not something goes awry that the inhouse staff cannot handle and an outside technician is consulted. These onsite services calls are often expensive and time consuming and results in a loss of productivity.
Lower cost
Cloud based software applications can often cost less than their on the shelf brethren. In addition, cloud computing can significantly lower the cost of online backup and data storage.
Less space
Computing in the cloud means there is less memory used on office machines and that could increase the lifespan of those machines. It also eliminates some of the space needed for network routing.
Up-To-Date
With The Cloud, you never have to worry about your iteration of software falling behind your competitors. When your mobile CRM updates as much (and probably more) than your phone updates, there’s hardly any need to worry about whether or not your software is out-of-touch.
What’s even better is that in most cases, Cloud-Based SaaS (Software as a Service) updates without your ever waiting or watching for it to do so. Developers roll out new versions of software regularly, and very little if anything ever needs to change on the user’s end in order to use the new and hopefully improved software.
Scalability
If your company goes through a challenging patch and needs to scale back the amount spent on hardware, then switching to the cloud, businesses can quickly change the amount of service they’re paying for to match what they need at that moment. Most cloud-based software offers tiered or incremental pricing plans, so they can shrink or grow with your organization as time goes on. The question is what are you waiting for?
Eco-Friendly
The world needs healing, be the change the world needs. Switching to the cloud from physical storage and on-site equipment eliminates much of the waste and pollution that comes with discarding hard drives, paper, and ink. Your company can make the world a better place and allow posterity to crown her as honourable. For the 21st century company the environment has clearly started to matter.
Secure
When cloud-computing started to come into vogue, the number one concern for most was how secure off-site data really was. Luckily, most of those concerns have been assuaged now that SaaS(Software as a Service) companies (for the most part) adhere to strict ISO standards for information security, and are subject to regular security audits.
Also, actual data storage facilities are rarely found in the same location as the software provider. It’s far more likely that the actual job of data warehousing is given to a company, such as Layer3.
Nigeria’s telecom operators recorded 155, 397 fibre-cut incidents between April and May 2026, and these they blame on why internet or calls suddenly stop working.
Data from the Nigerian Communications Commission (NCC) showed fibre-cut incidents increased from 74 276 in April to a record 79 121 in May, bringing the two-month total to the highest level recorded by the industry.
This represents a 2 428% increase from the 5 934 incidents reported during the first quarter of 2026.
Vandalism remained the leading cause of fibre cuts, accounting for more than 54 000 incidents despite telecom infrastructure being designated as Critical National Information Infrastructure, a classification intended to strengthen protection of key digital assets.
Also road construction constantly damages fiber where iggers and machines tear up buried cables during road repairs or construction.
Even with all these, some state governments make it hard for companies to fix cables quickly across different areas with all manners of fees and levies.
The NCC designation provides for penalties of up to 10 years’ imprisonment for offenders, but operators continue to face widespread infrastructure damage.
Proposed solutions, including Nigeria’s Dig-Once policy and AI-powered fibre sensing technologies, have yet to achieve widespread adoption.
The NCC is developing a cost-based framework for shared underground duct infrastructure, while operators are exploring AI-powered fibre sensing technologies that can detect cable damage in real time and improve network resilience.
Nigeria is pursuing ambitious broadband targets under its National Broadband Plan and has expanded fibre deployment to about 35 000 kilometres.
However, infrastructure protection has not kept pace with network expansion, leaving subscribers vulnerable to unreliable connectivity despite continued operator investment.
Standard Bank has partnered with Helios Towers to provide a $29 million Social Documentary Credit Facility. According to the financial services company, this transaction marks Standard Bank’s first Documentary Credit Facility structured in a Sustainable Finance format.
It notes that the facility will support the procurement and importation of telecommunications infrastructure and related services across Africa.
It will also provide payment certainty to suppliers, while supporting Helios Towers’ working capital requirements and infrastructure expansion programme, the bank adds.
Structured in accordance with the Loan Market Association’s Social Loan Principles, the financing is designed to promote digital connectivity and telecommunications infrastructure development in underserved markets.
This will help Helios Towers further expand its footprint and enhance mobile network coverage and connectivity across the continent.
Helios Towers operates one of Africa’s independent telecommunications tower platforms, enabling mobile network operators to extend coverage across multiple markets.
Standard Bank notes that the facility supports the expansion of tower infrastructure and services, increased network densification and improved connectivity in underserved markets and remote regions across the African continent.
It will also drive digital inclusion and tackle the digital divide while supporting economic growth and socio-economic development.
“This transaction demonstrates the power of innovation in trade finance. By combining a first-to-market Social Documentary Credit Facility with a cross-border funding solution, Standard Bank has supported Helios Towers’ growth ambitions while helping extend digital connectivity to underserved communities across Africa,” says Benoit Samouilhan, global transaction banker at Standard Bank Corporate and Investment Banking.
According to the bank, this facility enables positive social impact by increasing and improving network coverage and connectivity in some of the world’s most remote regions.
“Reliable digital infrastructure is fundamental to Africa’s future growth and development,” says Alex Carter, group finance director at Helios Towers.
“This facility provides us with the flexibility and certainty needed to support our ongoing infrastructure investments while advancing our mission of expanding connectivity across the continent. We value our longstanding relationship with Standard Bank and look forward to building on this partnership.”
Nigerian Communications Commission (NCC) will on Thursday convene a stakeholders’ consultative forum to review the draft business rules for Mobile Virtual Network Operators (MVNOs) in Nigeria.
NCC
The forum, scheduled to hold at 10 a.m. at the NCC Annex Office, Mbora, Abuja, is expected to bring together telecommunications operators, industry associations and other stakeholders to provide input on the proposed regulatory framework before its finalisation.
The commission announced the event on its official social media platforms, inviting interested stakeholders to participate in the consultation process.
The engagement is part of the NCC’s efforts to strengthen the regulatory framework for MVNO operations and promote greater competition, innovation and consumer choice in Nigeria’s telecommunications sector.
Mobile Virtual Network Operators are telecommunications service providers that offer mobile services by leasing network capacity from licensed Mobile Network Operators (MNOs), rather than owning spectrum licences or telecommunications infrastructure.
The NCC has identified the MVNO licensing framework as one of its initiatives aimed at deepening competition, expanding access to telecommunications services and driving digital inclusion across the country.
The consultative forum is expected to provide stakeholders with the opportunity to review the draft business rules, make recommendations and contribute to the development of a robust operational framework for the emerging MVNO segment.
The commission is expected to issue further details on the outcome of the consultation after the meeting.
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