Telecom
Telcos Lose $2m to Downtime – Oracle
Telecommunications operators in the country lose some $2 million per an hour as a result their systems failing to function because of unplanned events, or because of routine maintenance, a new report by Oracle has revealed.
The sector is worst hit and is followed by the financial sector said to be losing some $1.5Million to downtime.
Neville Deboo, senior sales development manager, Middle East and Africa at Oracle, said that a research commissioned by Oracle on the impact of downtime on different sectors of the economy shows that telecom operators lose $2million per hour of downtime on their network while financial sector came second by losing $1.5Million to downtime per a hour.
He spoke at an Oracle, Computer Information System (CIS) workshop on held in Lagos last week and said that though the research focused on roaming service of telcos but infrastructure and information technology solutions inefficiency of various operators at their local network largely affect roaming services.
The term downtime is used to refer to periods when a system is unavailable. Downtime or outage duration refers to a period of time that a system fails to provide or perform its primary function. Reliability, availability, recovery, and unavailability are related concepts.
The unavailability is the proportion of a timespan that a system is unavailable or offline.
This is usually a result of the system failing to function because of an unplanned event, or because of routine maintenance.
Downtime is additional challenge to telecommunications operators in the country faced by consistent attacks on their infrastructure by Boko Haram and multiple taxes.
Only recently, the Association of Licensed Telecommunications Operators of Nigeria (Alton) decried increased in ground rent paid by telecommunications operators that have base stations (BTSs) in the state from N40, 000 to N3 million per BTS.
Gbenga Adebayo, chairman, Alton, said that the increase has made worst the difficult operating environment operators are facing occasioned by series of attacks on their base stations by Boko Haram; closure of sites by government agencies in many states of the country; and flood disaster that rendered many of their sites inaccessible.
Adebayo said that operators have offered to pay the state government N80,000 amounting to 100 percent increase and that the state government has refused.
Details of the new rent show that new masts attract N3 million with an annual 15 per cent renewal fee while existing masts attract N1 million.
Adebayo also decried the incessant closure of operators’ base stations by government agencies by states of on account of non-payment of business permit, ground rent and environmental rent.
He noted that some operators have been dragged to court in Oyo and Osun states by The National Environmental Standards and Regulations Enforcement Agency ( Nesrea) over environmental rents.
With the introduction of Travel Saga, a premium, fast-paced gaming experience that is currently live and accessible to customers on its network, Globacom has lifted the bar for mobile entertainment in the country.
Travel Saga is a story-driven, intricately connected role-playing game designed to provide the thrill, complexity, and competitive intensity of some of the most well-known action games in the world.
The game, which has been painstakingly optimized for mobile devices, redefines mobile gaming as a full-fledged digital battlefield by translating a console-grade experience onto data-enabled handsets.
Fundamentally, Travel Saga takes users on quick virtual journeys against recognizable international landscapes. In a dynamic, ever-evolving gaming environment, players are thrown into furious missions, fierce fights, and ever-expanding tales where talent, strategy, and endurance determine who rises through the ranks to become a true war hero.
In addition to the excitement of fighting, users are encouraged to go to various locations, take part in thrilling challenges, and participate in intense competition for in-app rewards like points and victory badges. With each encounter and accomplishment, the immersion increases with each level, maintaining momentum and excitement.
Flexible subscription plans with one-time or auto-renewal choices are available to subscribers for the service, which costs ₦100 per day and ₦250 per week. By dialing *70021#, customers can quickly subscribe and gain instant access to the action.
With Travel Saga, Glo reaffirms its dedication to innovation and high-end digital experiences, making top-notch gaming easily accessible to its customers. The game offers uninterrupted action, adventure, and competition, all smoothly supported by the Glo network.
SHELT, a leading cybersecurity-as-a-service provider, has earned inclusion in the 2025 MSSP 250, the annual ranking of the world’s top 250 Managed Security Service Providers (MSSPs) by MSSP Alert, a CyberRisk Alliance publication.
SHELT
The list evaluates firms on business performance, service breadth, and industry impact, spotlighting those excelling in growth, operational excellence, and advanced managed security amid rising cyber threats. Selection criteria include annual recurring revenue, profitability, workforce expansion, business growth, and the depth of managed security offerings.
SHELT’s recognition underscores its investments in scalable security operations, threat intelligence, and tailored managed services across multiple regions, enabling clients to navigate complex risk landscapes effectively.
“Being recognised in the MSSP 250 is a meaningful milestone for our team,” stated Youssef Abillama, CEO of SHELT. “It validates our focus on building practical, resilient security services that help organisations manage risk and respond effectively to today’s evolving cyber threats.”
The company hailed the honour as testament to its teams’ dedication and expertise worldwide, reaffirming commitment to enhancing capabilities and delivering trusted cybersecurity solutions.
Meta Platforms, owner of Facebook, has appointed Dina Powell McCormick, a former adviser to President Donald Trump, as its new president and vice chairman, bolstering its leadership amid aggressive AI and infrastructure expansion.
Dina Powell McCormick
The announcement, made on Monday, positions Powell McCormick – who recently stepped down from Meta’s board after eight months – to guide overall strategy, including multi-billion-dollar investments in data centres and global partnerships.
A Goldman Sachs veteran with 16 years in senior roles and prior stints as deputy national security adviser under Trump and in the Bush administration, she brings deep finance and international ties to the role.
Meta CEO Mark Zuckerberg hailed her as “uniquely qualified” for the company’s next growth phase, while President Trump praised the move on Truth Social as a “fantastic choice”.
The hire signals Meta’s efforts to strengthen White House relations, following recent dinners with Trump and U.S. investment pledges worth hundreds of billions
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