Telecom
FG Commends Zinox Commitment to Local Content Adoption
Dr. Isa Ali Ibrahim Pantami, Director General of the Nigeria Information Technology Development Agency (NITDA), has hailed Zinox as an indigenous technology giant with the human capital potential and technological prowess to grow the adoption of local content in Nigeria.
Dr. Pantami, who paid a working visit to the headquarters of the company in Gbagada, Lagos on Friday November 16th 2018, expressed his delight with the massive infrastructure and technological facilities on display, noting that Zinox has the capacity to rival other global tech giants and extend its products and solutions beyond Nigeria to other markets.
Accompanying the DG was a technical entourage including Director e-Government Development and Regulatory, Dr. Vincent Olatunji; Director, IT Infrastructure Solutions, Dr. Usman GamboAbdulahi and National Coordinator – ONC, Barr. KasimShodangi.
Other members of the entourage include Mrs Chioma Oke-Agugo, Mr. Yusuf Yisa-Doko and two members of the media team.
Dr. Pantami said, “I am impressed with the huge capabilities, human and material resources and technological innovation available here in Zinox, which has remained an unassuming indigenous company that has recorded so many landmark strides in the Information and Communications Technology sector.”
“In addition to the excellent work done with INEC in improving the electoral process in Nigeria, we are also aware of the acceptance of Zinox products in other countries which they have been exported to and in major multinationals operating here such as Shell, Total, Chevron, among others.
“The Federal Government is eager to correct the imbalance in the consumption of local content by encouraging and supporting indigenous capacities in the IT sector.
“We are focused not only on increasing local content adoption but also ensuring that a major percentage of our indigenous technology software and products are exported to other African countries.
“Zinox possesses the resources, products, human capital and sheer equipment capacity to take the lead in this area.”
The NITDA DG who was led on a guided tour of the company by the Leo Stan Ekeh, Chairman, Zinox Group, witnessed first-hand the various infrastructure and facilities within the premises including the digital computer hardware manufacturing and assembly plant, telecoms e-Hub unit, Data Centre, bandwidth aggregation and digital security infrastructures, warehousing facilities as well as after-sales service and support centre, among others.
“From what I have seen today, I am confident that, given the right support from the government, Zinox can play a significant role in putting Nigeria on the global technology map.
“You can count on my support and that of the entire agency in this regard,” he enthused.
Also speaking, Ekeh who expressed appreciation to the NITDA helmsman for accommodating the visit within his busy schedule, disclosed that the Zinox Group remains the single largest 360 degrees ICT conglomerate in the sub-region with advanced competencies in the entire spectrum of the sector, ranging from hardware manufacturing, distribution, integrated ICT solutions, Telecoms, retail, world class support and much more with offices in many other countries and hubs in four continents.
He also reiterated the Group’s commitment to advancing local content adoption within Nigeria and beyond through the creative design and manufacture of digital products which anticipate the yearning and taste of the future consumer.
“We are an indigenous technology group that is absolutely committed to local content development and adoption.
“This has for several years informed our business practices as well as the design and manufacture of our products and solutions.
“While Zinox Technologies Ltd. as a company clocked 17 in October, the Group itself has been in the business of technology for over 32 years and not once have we embarked on retrenchments, even in the face of some of the difficult and challenging business cycles.
“Instead, we have taken the pains and even recently, increased staff salaries across board,” he disclosed.
The serial digital entrepreneur also seized the opportunity to plead for more institutional support and level playing ground for Nigerian tech companies.
“Government needs to come to the aid of tech companies in the country by giving them the wings to fly and achieve more through tax breaks or holidays and other incentives.
“The technology sector is one of the biggest employers of labour as entry requirements are not as stringent, when compared to other sectors.
“Presently, we face huge challenges in clearing our shipments and other technological components due to the heavy congestion at the ports.
“This has resulted in crippling demurrages and a tripling of transportation costs from the ports to our production plants and offices over the past few months, making it harder to compete and survive.
“The Government needs to find a solution to these issues.”
While presenting the Zinox Core i7 and GTX Legacy – two products from the Zinox Future Visions stable– to the DG, Ekeh restated his commitment and support for the government’s drive to create more employment opportunities for millions of Nigerians, while urging the media to partner with the agency in transforming the country’s communications narrative for the benefit of all.
With close to two decades of pioneering efforts and excellent service delivery, Zinox enjoys widespread acclaim as Nigeria’s foremost ICT Company.
In addition to its enviable status as pioneer manufacturers of Nigeria’s first internationally certified branded computers and mobile devices, the company has deployed some of the biggest projects in the continent, while institutionalizing high-end ICT solutions which have contributed in moving the sector and the Nigerian economy to the next level.
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.
Telecom
ntel Unveils ‘The Next Frontier’ Strategy to Drive Growth in Connectivity, Infrastructure, Real Estate
ntel has unveiled “The Next Frontier,” a new corporate strategy aimed at accelerating growth across digital connectivity, telecommunications infrastructure, and real estate development as it repositions itself as an integrated technology and infrastructure company.
L-R; Chairman, Natcom Development Investment Ltd, Mr. Adeleke Alex-Adedipe; Director, Natcom Development Investment Ltd, Ms. Oladele Aremu; Chairman, Association of Licensed Telecommunications Operators of Nigeria, (ALTON), Mr. Gbenga Adebayo; Chairman, Nigerian Communications Commission (NCC), Chief Idris Olorunnimbe; MD\CEO, Asset Management Company of Nigeria (AMCON), Mr. Gbenga Alade and MD/CEO NATCOM Development Investment Ltd trading as ntel, Mr. Soji Maurice-Diya, during the relaunch of ntel business in Lagos on Monday evening
The strategy is built on the company’s BET Agenda, which is anchored on three business pillars—Beam, Eden, and Titan—designed to drive innovation, optimise assets, and create long-term value through technology, infrastructure, and property development.
Speaking at the unveiling, the Managing Director and Chief Executive Officer of NatCom Development & Investment Limited (trading as ntel), Soji Maurice-Diya, said the initiative represents a significant step in the company’s transformation beyond traditional telecommunications.
According to him, The Next Frontier reflects ntel’s commitment to building an integrated ecosystem that connects people, empowers businesses, promotes digital inclusion, and contributes to Nigeria’s economic growth.
He noted that over the past year, the company has strengthened stakeholder engagement, aligned its business strategy, held constructive discussions with creditors, pursued strategic partnerships with mobile network operators, and restructured its operations to improve efficiency while maximising the value of its infrastructure assets.
As part of the Beam business pillar, ntel launched WakaGo, a global e-SIM solution designed to provide seamless connectivity for international travellers. The company also introduced AirFibre, a high-speed fixed wireless broadband service targeted at businesses requiring reliable internet connectivity.
Under Titan, ntel showcased its expanding infrastructure business, which includes tower development, fibre-optic connectivity, duct infrastructure, colocation services, and infrastructure-sharing solutions aimed at supporting telecommunications operators, enterprises, and technology providers.
The company also unveiled Eden, its real estate development platform, which seeks to transform NatCom’s extensive property portfolio into premium commercial and residential developments.
Three flagship projects announced under the platform include Eden Place, a multi-storey commercial development in Lagos; Nova Place, a commercial complex located in Port Harcourt; and Terenna Court, a premium residential apartment development in Abuja.
According to the company, the projects are expected to unlock greater value from its real estate assets through strategic partnerships, innovative design, and sustainable development.
The unveiling attracted prominent stakeholders from government, the telecommunications sector, and the private sector, including the Managing Director/Chief Executive Officer of AMCON, Gbenga Alade; Chairman of the Board of the Nigerian Communications Commission, Chief Idris Olorunnimbe; Chairman of NatCom Development & Investment Limited, Adeleke Alex-Adedipe; Chairman of the Association of Licensed Telecommunications Operators of Nigeria (ALTON), Engr. Gbenga Adebayo; President of the Association of Telecommunications Companies of Nigeria (ATCON), Tony Izuagbe Emoekpere; alongside other industry leaders.
The company said the new strategy positions ntel to leverage opportunities at the intersection of digital connectivity, infrastructure development, and real estate, while supporting Nigeria’s digital transformation and economic development.
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