Connect with us

Telecom

Over 500m MTN Retail Vendors Eye TruTalk Win-a-Home Promo

Published

on

Kindly share this post

In line with its strategy of building relationships with its channel partners, leading ICT Company in Nigeria, MTN, has unveiled a reward scheme tagged “MTN TruTalk Win-a-Home Promo”, with a N15 million house as the star prize.

The promo, MTN said, is targeted at “MTN bizlift Retailers” who sell physical and virtual airtime pan Nigeria.

The MTN TruTalk Win-a-home promo is borne out of the need to reward its over half a million retail vendors across the country for their loyalty and support since inception of the business.

To win, retailers are expected to migrate to MTN TruTalk by dialling *400# or send 400 to 131 after which they can register their first 11 numbers by dialling *560*1*num# and send.

Retailers are also expected to get a minimum of 20 customers every month to migrate and register their own first 11 on the TruTalk platform. They can then confirm registration.

Speaking at the launch, Omatsola Barrow, sales and distribution executive, MTN, said it was time the company did something special for the vendors in appreciation of support received over the years.

“We know the importance of relationship and our Retailers are our most important customers, which is why we decided to do something special for them with the TruTalk Win-a-Home promo. With this promo, Retailers can win the star prize of a home worth N15 million or its cash equivalent, among other mouth watering prizes,” Barrow said.

The promo is expected to run pan Nigeria for a period of six weeks after which the winner will be selected with a house in any area of choice.

For the duration of the promo, other prizes which can be won include N2,000 bonus airtime and N11,000 from making a three minutes call everyday from the MTN TruTalk migrated number as they participate in the promo.

“From time to time, we provide training and educate them on our products and services thereby building a partnership which adds value. It is however not just about providing them education and awareness, it is also about providing them with the opportunity to win prizes because they have worked so hard in the last couple of years,” Barrow added.

MTN currently has over 500,000 registered retailers on its channel network and to ensure they all participate in the reward scheme, the company will be launching the MTN TruTalk Win-a-Home promo in six other locations across the country.

“We are fully committed to adding value in the lives of our customers, especially our channel partners. This promo is a way of appreciating their support over the years and indication of our willingness to continue to impact the lives of our customers across Nigeria,” said Akinwale Goodluck, corporate services executive, MTN Nigeria.

The MTN TruTalk Win-a-Home promo is open to only registered MTM retailers across Nigeria, the Company 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

ATCON Offers Solutions to Fibre Cable Cuts in Telecom Industry

Published

on

Kindly share this post

Association of Telecommunication Companies Of Nigeria (ATCON) has highlighted fibre cuts as a major stumbling block to the Nigerian telecom sector’s growth and affirmed its readiness to take strategic measures to tackle submarine fibre disruption in the country.

ATCON Offers Solutions to Fibre Cable Cuts in Telecom Industry

Tony Emoekpere, president of ATCON, at the first edition of ATCON’s Critical Conversation Breakfast Meeting held in Lagos with the theme: ‘the Direct And Indirect Cause And Impact Of Metro, Terrestrial And Submarine Fibre Disruptions (Cuts)–Short, Medium And Long Term Sustainable Solutions’, stated that, operators cannot continue to pay lip service to issues and challenges that have constituted stumbling block to the telecom sector growth.

The president recall that few months ago, there was a reported case of submarine cuts which significantly impacted Nigeria and some African countries, adding that, “The incidences of Metro, Terrestrial and Submarine Fibre Disruptions have become a recurring decimal which must be addressed by relevant agencies at all levels of government. Our members have had to pay a substantial amount of money to have all these disruptions fixed and this is impacting on their operational expenses which should not be if the perpetrators are brought to book.”

On advocacy, the president said ATCON is seeking ways going forward, adding that ducts should be built when new roads are being constructed. “There is a need to enforce and implement the provision in the Nigeria National Broadband Band Plan 2020-2025 which states that NCC should have a desk officer in each state of the Federation who is expected to be in charge of the fiber network in order to minimize Fiber cuts during roads construction,” he recommended.

The president averred that the telecom sector has been reported to contribute over 14 per cent to the nation’s GDP, adding that, the sector could have done much better if issues like fiber disruption which has constituted a threat to the manifestation of its inherent potentials, is dealt with.

Emoekpere however stressed the need for more collaboration between telecoms operators and government, with developers and road contractors to mitigate the challenges of fiber cuts.

“There must be compensation for fibre cable cuts. Training and awareness creation on the importance of fibre cable and the danger and negative impact of fibre cable cut, cannot be overemphasised. The federal government should declare telecoms assets as Critical National Infrastructure (CNI).

“Government should come up with policies like ‘Dig Once Policy’ for the implementation of fibre laying to avoid operators damaging cables of other operators during cable laying. There must be a clear database of government agencies giving approvals for road construction to enable telecom companies to have an idea of who they are dealing with as well as the need to have a status update on task responsibilities of ATCON for a follow-up of ATCON activities,” he advocated.

In the same vein, Lekan Balogun, CEO of NetAccess, said, the major causes of fibre cable cut includes Govt/Private Contractors, Man made, planning and Design and Natural causes, while stressing that, there is need for constant engagement between ATCON members, the government and developers.

Balogun proposed short, medium and long term recommendations to forestall fibre cuts, adding that the use of protective materials like metals rather than plastics will help protect the cables from unwanted cuts.

Credit: Leadership


Kindly share this post
Continue Reading

Telecom

Starlink now 3rd Largest ISP in Nigeria – NCC

Published

on

Kindly share this post

Starlink, Elon Musk’s Internet company, has emerged as Nigeria’s third-largest Internet Service Provider (ISP) with 23,897 subscribers in the fourth quarter of 2023, according to latest ISP data released by the Nigerian Communications Commission (NCC) on Monday.

Starlink now 3rd Largest ISP in Nigeria – NCC

According to the NCC data, Starlink’s active customers in Nigeria surged 113 per cent in Q4 2023, from 11,207 customers in the previous quarter, establishing it as one of the leading ISPs in the country.

Spectranet, one of the oldest ISPs in the country, maintained its top position in the market with 113,869 active customers.

FiberOne followed in second place with 27,000 active users at the end of 2023.

ISPs are different from mobile Internet providers, like the telcos such as MTN, Airtel, etc.

They provide Internet through various wired technologies, such as DSL, cable, fibre-optic, or satellite connections. They use fixed infrastructure that requires a physical connection to the home or business.

Starlink launched its services in Nigeria in January 2023, becoming the first African country to receive the service, more than 20 months after SpaceX met with the NCC to outline their deployment plans.

Meanwhile, Spectranet, one of the oldest ISPs in the country, maintained its top position in the market with 113,869 active customers.

FiberOne followed in second place with 27,000 active users at the end of 2023.

ISPs are different from mobile Internet providers, like the telcos such as MTN, Airtel, etc.

They provide Internet through various wired technologies, such as DSL, cable, fibre-optic, or satellite connections.

They use fixed infrastructure that requires a physical connection to the home or business.

Starlink launched its services in Nigeria in January 2023, becoming the first African country to receive the service, more than 20 months after SpaceX met with the NCC to outline their deployment plans.

As of September 2023, just 8 months after its launch, Starlink had amassed 11,207 active subscribers in Nigeria, making it the fourth largest ISP in the country.


Kindly share this post
Continue Reading

Telecom

Airtel Africa Completes $550m Bond Repayment

Published

on

Kindly share this post

Airtel Africa, telecommunications and mobile money services provider, has revealed that its subsidiary, Bharti Airtel International (Netherlands) B.V., has repaid in full its $550m bond maturing Monday.

Airtel Africa Completes $550m Bond Repayment

 

This was disclosed in a corporate filing with the Nigerian Exchange Limited (NDX) signed by G Simon O’Hara, group company secretary, on Monday.

With this repayment, the company said that it had achieved a zero-debt position at the HoldCo.

The $550m bond was 5.35 per cent Guaranteed Senior Notes.

“This bond repayment of $550m has been made exclusively out of cash reserves at the holding company and is a continuation of its strategy to reduce external foreign currency debt. At the time of the IPO in June 2019, the group had $2,719m of external debt at HoldCo which resulted in significant exposure to currency fluctuations and the reliance on upstreaming funds to cover both interest costs and the principal repayment.
“Through consistent execution of its strategy supporting strong free cash flow generation, and continued upstreaming success, the group has been reducing Holdco debt over the past few years and has now reached the significant milestone of a zero-debt position at HoldCo. The current leverage and capital structure is a reflection of the Group’s successful capital allocation strategy that has been in place since our IPO, and it will aim to continue reducing foreign currency debt obligations across its OpCo’s,” part of the statement from the telecoms provider said.


Kindly share this post
Continue Reading

Trending