Telecom
Prof. Arzac, Others Join Starcomms Board
In the wake of its listing as a public quoted company on the floor of the Nigerian Stock Exchange, two eminent Professors and Economists have joined the Board of Directors of Starcomms Plc as the country’s 4th largest telecommunications operator builds on the momentum generated by a new competitive era and dynamic management.
Professors Enrique R. Arzac and Partha S. Mohanram join the board as non-executive directors, and come into the organization with a mission to provide considerable practical support and to uphold the highest levels of corporate governance.
The now predominantly Nigerian-owned operator’s shares were listed by way of introduction on the Nigerian Stock Exchange (NSE) on Monday, 14 July 2008, thus becoming the first listed Nigerian telecoms company on the Exchange
Starcomms was founded by the Lababidi family in 1995. Under the chairmanship of Chief Maan Lababidi (OON), and through the efforts of its world-class management team, led by Maher Qubain, Starcomms has over the years grown to become the 4th largest telecoms company in Nigeria. Since Actis and ECP, two leading private equity firms, invested in the company in 2005, the operator has increased its customer base from 100,000 to over 1.5 million and currently has a presence in 17 cities
Enrique R. Arzac, Professor of Finance and Economics, obtained Ph.D., M.A. and M.B.A. from Columbia University, C.P.N., and University of Buenos Aires. He has served as the senior vice dean of the school and as chairman of the Finance Division. He is presently co- director of the Mergers & Acquisitions Executive Program, jointly offered by Columbia and London Business Schools. He was a Ford Foundation Fellow and a W.R. Grace Research Fellow and recipient of Institute for Quantitative Research in Finance Grants.
Before joining Columbia he taught at the University of Buenos Aires, and held various positions, including: Associate Consultant, Ernst & Ernst; Chief Economist, Latin American Economic Research Foundation; and Director of Systems Analysis, Economic Development Council, Argentine Government. He has served as a financial consultant to the State of New Jersey, the United Nations Conference on Trade Development and several U.S. and foreign firms, including: Nathan Associates, Aerojet, Belding Hemingway, Alfa Group, Dynamic Corporation of America, BHD Corp. and the Equitable Life Assurance Company.
Prof Mohanram, who holds Ph.D. in Business Economics (1999), Harvard University, has since July 2006 been Associate Professor of Business, Columbia University, after promotion from Assistant Professor, Graduate School of Business, Columbia University. He was also Assistant Professor, Stern School of Business, New York University between 1998 and 2003, and Research Associate; Harvard Business School. He obtained his M.B.A (1992) from Indian Institute of Management, Ahmedabad, majoring in Finance and Operations, and B.Tech (1990) from Indian Institute of Technology, Madras, majoring in Computer Science and Engineering.
Mr. Maher Qubain, CEO of Starcomms, said, "The addition of both Prof Arzac and Prof Mohanram will add significant experience in Finance, Corporate Governance and Accounting".
Telecom
New Investment Fund Targets Acceleration of Emerging Technology in Nigeria

The International Rescue Committee (IRC) has announced the formation of Airbel Ventures, a new humanitarian impact investing fund aimed at accelerating the introduction and scaling of breakthrough technologies in crisis-affected communities.

The fund will invest in companies whose ideas have the potential to change humanitarian response, including digital infrastructure for frontline health systems and climate-resilient agriculture.
The launch of Airbel Ventures follows a period of rapid innovation at the IRC, despite the humanitarian sector facing record funding cuts.
In the past year, the IRC’s Airbel Impact Lab has advanced more than twenty Artificial Intelligence (AI) and technology initiatives—from anticipatory action tools powered by climate and vulnerability data, to frontline service delivery using safe, orchestrated AI systems, to breakthrough diagnostic tools for emerging diseases.
Airbel Ventures’ first impact investment is in Signalytic, a company delivering solar-powered computing devices that ensure reliable electricity and connectivity for remote health facilities.
Following the investment, the IRC will pilot Signalytic’s technology with its Nigeria Health team, demonstrating the viability of next-generation digital infrastructure in humanitarian settings.
“We know breakthrough solutions already exist—what’s missing is the path to scale in humanitarian contexts,” said Dr. Jeannie Annan, Senior Vice President for Research & Innovation at the IRC and head of the Airbel Impact Lab.
Telecom
MTN Nigeria Suffers 9,218 Fibre Cuts in 2025 as Vandalism, Theft Cripple Network

MTN Nigeria, the country’s largest telecommunications operator, recorded a historic surge in network disruptions in 2025, suffering 9,218 fibre cuts as of December 31, alongside 211 base station sites affected by theft and vandalism, incidents that disrupted mobile and data services relied upon daily by millions of Nigerians.

The data was revealed by Dr Karl Toriola, chief executive officer/managing director, MTN Nigeria via a social media post titled ‘MTN Nigeria 2025 Wrapped’.
The scale of the damage highlights the growing vulnerability of Nigeria’s telecommunications infrastructure, which has come under increasing pressure from road construction activities, cable theft and deliberate acts of vandalism.
MTN said 5,478 fibre cuts occurred within just the first seven months of 2025, with 760 incidents recorded in July alone, underscoring the intensity of the challenge.
Some of the incidents had wide-ranging consequences, knocking out connectivity across multiple states simultaneously and affecting voice calls, data services, digital payments and enterprise operations.
The company described the situation as a national infrastructure problem, rather than an isolated corporate issue, given the economy’s deep dependence on mobile networks.
“These gaps were shaped by real operational challenges such as fibre cuts, theft, and vandalism. Their impact is felt directly by customers and reflected in what they tell us,” Toriola,
The disruptions were reflected in customer feedback volumes, as MTN handled an unprecedented number of complaints during the year. The operator said it resolved 1,624,263 customer complaints in 2025, spanning call centres, social media platforms, emails and physical service centres nationwide.
Despite the setbacks, MTN pointed to signs of operational resilience. The company retained its ranking as Nigeria’s best network by Ookla, returned to profitability after a challenging period, declared an interim dividend, and expanded its subscriber base to over 85 million users by September 2025.
The figures show that while Nigeria’s telecom operators continue to invest heavily in network expansion and customer service, infrastructure sabotage remains a major drag on service quality and operating costs.
MTN acknowledged that performance improvements remain a work in progress. “We are not where we want to be yet. We see you. We hear you. We exist because of you. And we will get better,” Toriola said.
As the company enters its 25th year of operations in Nigeria, Toriola said MTN is doubling down on customer-centricity, treating every piece of feedback as a guide for improvement, while also stepping up engagement with government agencies.
The CEO renewed calls for stronger regulatory and legal protections for telecommunications infrastructure, urging policymakers to classify fibre cables, base stations and other critical assets as national infrastructure and criminalise vandalism to deter repeat attacks.
Telecom
NCC Licences Six New ISPs to Challenge Telcos, Satellite Giants

Nigerian Communications Commission (NCC) has granted operating licences to six new Internet Service Providers (ISPs), effective January 1, 2026, raising the total number of authorised ISPs in the country to 231 from 225 recorded in December 2025.

NCC
The newly licensed firms are Intellvision Technologies Limited, Granet Technologies Limited, Fiber Sonic Limited, Dasol Solution Services Ltd, Boost ISP Limited, and Amazon Kuiper Nigeria Limited.
Five of these companies are headquartered in Lagos, while Granet Technologies Limited operates from Owerri in Imo State, highlighting the persistent concentration of broadband infrastructure in major commercial hubs like Lagos, Abuja, and Port Harcourt.
This development intensifies competition in Nigeria’s broadband market, which faces pressure from dominant mobile network operators such as MTN and Airtel, alongside rapid expansion by satellite providers like Starlink.
Traditional ISPs continue to grapple with shrinking customer bases, aggressive data pricing from telcos, and satellite disruptions, even as NCC data from Q2 2025 showed Spectranet, Starlink, and FibreOne controlling about 65 per cent of the 313,713 active ISP subscribers.
The inclusion of Amazon Kuiper Nigeria Limited marks a significant entry of global satellite broadband competition, building on Nigeria’s recent approvals for other low Earth orbit providers to enhance connectivity in underserved areas.
Industry analysts view the licences as a strategic push to improve internet quality amid rising demand for digital services, though geographic clustering underscores ongoing infrastructure challenges outside urban centres.
NCC’s move aligns with broader efforts to foster a competitive telecoms sector critical to Nigeria’s digital economy ambitions.
Telecom3 days agoSpacecoin Secures Licenses to Roll Out Satellite Connectivity in Nigeria, Kenya
Telecom3 days agoGoogle Report: Nigeria Leads Global AI Adoption in Learning, Entrepreneurship
E-Business3 days agoWhat the Retail and E-commerce Sector Should Expect in 2026 in Era of AI-driven Shopping and Privacy
Telecom3 days agoAVEVA Names Khaled Salah Vice President for Africa to Drive Growth
E-Financial3 days agoFG Shops for N900Bn from Domestic Market with High-Yield Bonds
E-Financial3 days agoCBN Raises Alarm over Loan Defaults by Households, Corporates
Telecom3 days agoNetflix Switches Warner Bros. Bid to $27.75 Cash Offer as MultiChoice Secures HBO Future
General News3 days agoTaraba Adopts Electronic Case Management System













