Telecom
FG, ITU Seek Global Action on Submarine Cable Disruptions
To prevent damage and disruptions to submarine communication cables, which are essential to the global digital economy, the International Telecommunication Union (ITU) is calling on the international community to work together and take collective action.
Doreen Bogdan-Martin, secretary general of ITU, made the call during the opening ceremony of the ITU International Submarine Cable Resilience inaugural summit hosted by Nigeria in Abuja.
The summit is being attended by more than 300 delegates from the 194 ITU-member countries across the world.
She said that at the moment, the digital economy accounted for the greater parts of the world’s Gross Domestic Product (GDP), and it is expected to peak at 16.5 trillion dollars by 2028.
Bogdan-Martin underscored the need for global attention and focus on measures that would sustain the spate of rapid development in the digital economy sector, with submarine cable connectivity accounting for 95 percent of its backbone.
“The past two decades have seen a vast digital shift, with new socio-economic opportunities as well as challenges. Since the 2005 World Summit on the increasing society, the number of internet users back then in 2005 stood at one billion.
“At the end of last year, we had 5.5 billion internet users. And today, the global digital economy is growing faster than global GDP and is expected to reach 16.5 trillion U.S. dollars by 2028.
“Over the next decade, some estimate that more than two-thirds of the new value creation could come from digitally enabled companies,” the ITU boss said.
She noted that “as our economies and digital innovations grow, and as we seek to bring meaningful connectivity to all, so does our reliance on digital infrastructure like submarine cables.
“This global undersea network is emblematic of the innovation and the investment required to connect the world meaningfully,” Bogdan-Martin said.
The Secretary General lamented that despite the resilience of submarine cables, about 200 disruptions are witnessed yearly, while fixing them across continents and countries is difficult and slow.
According Bogdan-Martin, the global economy always feel the impact of submarine cable cuts and disruptions, stressing that
“Submarine cables are put in place by an interplay of technology, business, and policy that has to be considered holistically.”
“That’s why this summit includes a diversity of stakeholders that are essential to this conversation,” the ITU boss added.
She commended Nigeria for hosting the event and called on the ITU Advisory Body, the academic community, and other stakeholders to work towards a lasting solution to the challenges of underwater cable cuts and disruptions across the globe.
Prof. Sandra Maximiano, Co-chair of the Advisory Board for ITU, underscored the importance of the International Advisory Board for Submarine Cable Business and Economy at the Summit, saying that positive developments have been witnessed in the industry.
“It is no coincidence that we are meeting here in Abuja today, given that several cable cuts occurred in March last year affecting multiple countries in West Africa, including Nigeria, Cote d’Ivoire, and Senegal.
“This incident highlighted the critical importance of subsea cable businesses in this region, with some estimates indicating that over 70 million customers were affected.
“While Nigeria is served by several submarine cable systems, many of which also land in my home country, Portugal, including Maniwari, the Africa coast to Europe, Etihanu, and to Africa, other Western African countries are served by only by a single submarine cable,” Maximiano said.
Dr. Bosun Tijani, minister of Communications, Innovations, and Digital Economy, who welcomed the ITU delegates to Nigeria, urged participants to take advantage of the hospitality of Nigeria.
On the issues of submarine cables, Dr. Tijani said, “This is not just a technical or industry-specific challenge. It is a global imperative that affects the financial market, trade, education, health systems, and even governance.”
He said, “In Nigeria, the government is investing in digital infrastructure for global access, broadband expansion, and economic transformation.
“Under the leadership of President Bola Tinubu, Nigeria is committed to strengthening its digital infrastructure and advancing policies that support connectivity, innovation, and economic growth.
“We are taking decisive steps as a nation to recognise and protect the government’s infrastructure as critical national infrastructure, aligning with our broader efforts to enhance digital resilience across all sectors.
“As a government, we are also deeply invested in leveraging digital property infrastructure, promoting global access, and expanding broadband penetration, ensuring that connectivity remains a catalyst for economic transformation and revolution.
“The outcomes of this summit will not only influence policy and investment decisions but also serve as the foundation for global cooperation and long-term resilience,” he added.
ntel, has officially moved away from its traditional voice and data business, unveiling a major transformation that will see it focus on digital infrastructure, artificial intelligence and technology-driven services.
As part of the consolidation process, ntel unveiled The Next Frontier, a transformation agenda planned to see the firm transform into an integrated digital infrastructure, connectivity and real estate enterprise.
Its new focus is a now BET Agenda – anchored on three growth pillars, Beam, Eden, and Titan and the drivers said that the strategy reflected ntel’s commitment to creating new opportunities through technology innovation, infrastructure development, and strategic asset optimisation.
The launch comes as ntel continues its journey towards regaining spectrum assets, while actively leveraging strategic partnerships to redefine innovation in the telecommunications industry and unlock new pathways for growth.
Built on the company’s BET Agenda – anchored on three growth pillars, Beam, Eden, and Titan – the strategy reflected ntel’s commitment to creating new opportunities through technology innovation, infrastructure development, and strategic asset optimisation.
The launch comes as ntel continues its journey towards regaining spectrum assets, while actively leveraging strategic partnerships to redefine innovation in the telecommunications industry and unlock new pathways for growth.
The company also showcased a portfolio of initiatives designed to strengthen its position as a future-focused infrastructure platform.
Under Beam, ntel announced the launch of WakaGo, a global e-SIM solution that delivers seamless connectivity for international travellers, alongside AirFibre, a high-speed fixed wireless broadband service designed to provide reliable internet access for businesses.
Under Titan, the company highlighted its growing infrastructure business focused on tower development, fibre connectivity, duct infrastructure, colocation services, and infrastructure sharing solutions that enable operators, enterprises, and technology providers to expand efficiently and sustainably.
A major highlight of the launch was Eden, ntel’s real estate development platform, which is transforming NatCom’s extensive property portfolio into high-value commercial and residential developments.
To further push its transformation, the company unveiled three flagship projects. They are Eden Place, a premium multi-storey commercial development in Lagos’ prime business district.
There is also Nova Place, a modern commercial development strategically located within Port Harcourt’s growing technology and business hub.
Terenna Court, a premium multi-storey residential apartment development in Abuja.
Together, these projects demonstrate ntel’s ambition to unlock the full potential of its real estate assets through strategic partnerships, innovative design, and long-term value creation.
Speaking at the unveiling of The Next Frontier, Soji Maurice-Diya, managing director/chief executive officer, NatCom Development and Investment Limited (trading as ntel), described the initiative as far more than a business transformation strategy.
According to him, it represents the company’s commitment to building an integrated ecosystem that connects people, empowers businesses, drives digital inclusion, and creates sustainable economic value for Nigeria.
Airtel Africa Foundation, through Airtel Nigeria, has reaffirmed its commitment to developing Nigeria’s future workforce with a high-impact virtual masterclass designed to equip young people with the practical skills required to thrive in an increasingly technology-driven economy.
The Initiative, held to commemorate World Youth Skills Day 2026, themed “Skills for a Shared Future – The NextGen Advantage,” presented a platform on which experienced Airtel professionals provided mentorship and coaching to undergraduates, interns, and recent graduates for the current realities of formal work environments.
Organised on the auspices of the Airtel Employee Volunteer Programme (EVP), by which staff donate their time and expertise towards social programmes, the 90-minute virtual masterclass, which was attended by over 400 undergraduates and young professionals, extended the reach of the Foundation’s education and youth development programmes.
Speaking on the initiative, Chief Executive Officer of Airtel Nigeria, Dinesh Balsingh, said investing in young people remains one of the most impactful ways to build Nigeria’s future economy.
He said, “The future of work is changing faster than ever before, and success will increasingly belong to those who are equipped with the right skills, the right mindset, and the confidence to adapt. As an organisation, we believe that empowering young people with practical digital and professional capabilities is an investment in Nigeria’s future competitiveness.
Through our Employee Volunteer Programme, our people are sharing not just knowledge, but real industry experience to help shape careers, unlock opportunities, and prepare the next generation to lead in a digital world.”
Unlike traditional career seminars, the masterclass adopted an interactive learning model that offered participants the option to select specialised breakout sessions aligned with personal interests and career aspirations.
In his keynote remarks titled The Next Gen Advantage, Director, Corporate Communications and CSR, Airtel Nigeria, Femi Adeniran, noted that the future will be shaped by the skills to transform great ideas into impactful solutions.
He summed up the pathway to a future-ready career into five actions, namely learning continuously, solving problems, building a digital reputation, embracing Artificial Intelligence, and developing human skills.
“Technical knowledge remains important, but employers today are equally looking for adaptability, collaboration, communication, digital confidence, and the ability to learn continuously,” he said.
In the first general session titled Your Network is Your Net Worth, Adebimpe Ayo-Elias, Director, Human Resources and Administration, Airtel Nigeria, charged attendees to build character. The second general session themed Your Money, Your Future, delivered tips on budgeting and financial discipline was facilitated by Olakunbi Osigbesan, Head, Treasure, Smartcash PSB.
Following the general sessions were five breakout rooms, in which attendees were offered curated guides designed to develop contemporary workplace competencies.
The first session, Digital Transformation and Growth, led by Oyebowale Akideinde, General Manager, Digital and Innovation, Airtel Nigeria, presented a mechanism to leverage digital platforms for visibility and opportunity creation.
The CV Clinic and Interview Masterclass, which was led by Chidera Okoye, HR Outsourcing Lead, Airtel Nigeria, discussed practical recruitment strategies, including applicant tracking system (ATS)-friendly CVs, and the STAR interview framework.
A third session on Communication and Personal Branding, delivered by Sam Adeoye, Head, Public Relations, Airtel Nigeria, focused on value presentation, executive communication, and earned visibility, built on “V.I.R.A.L.”, a mnemonic device created for the attendees by the facilitator.
The programme also featured a dedicated session titled AI as Your Superpower, presented by Ezenwa Agbanusi, IT Governance Executive at Airtel Nigeria, in which participants discussed prompt engineering and AI-powered tools for enhanced learning, creativity, and workplace performance.
Corporate Social Responsibility Lead at Airtel Nigeria, Victoria Ndu, led the fifth breakout room on Emotional Intelligence, with a guide on building a high emotional intelligence quotient (EQ) for improved workplace and business performance.
By connecting future professionals directly with industry experts, the company continues to support the development of a workforce equipped to participate meaningfully in Nigeria’s rapidly evolving digital economy and contribute to shared prosperity.
U.S. ride-hailing giant Uber has agreed to acquire German food delivery company Delivery Hero in a deal valued at €12.7 billion ($14.6 billion), marking one of the largest transactions in the global food delivery industry.
Uber
The companies announced the agreement on Thursday, with Uber offering €41.50 per share for Delivery Hero, a Berlin-based company that has grown into one of the world’s largest online food delivery platforms.
Despite the announcement, Delivery Hero’s shares declined by 0.5 per cent in Frankfurt trading to €37.90.
Founded in 2011, Delivery Hero operates in more than 60 markets across Asia, Europe, Latin America and the Middle East.
The company has expanded beyond traditional restaurant delivery services into quick commerce, providing rapid delivery of groceries and other consumer goods.
Under the agreement, Uber will acquire Delivery Hero’s operations in 50 markets globally.
As part of the transaction, U.S.-based investment firm SSW Partners will acquire Delivery Hero’s businesses in 14 additional markets where the German company and Uber currently compete. The transaction is valued at approximately €1.4 billion.
Delivery Hero Chief Executive Officer and co-founder, Niklas Östberg, said the partnership would strengthen the company’s long-term growth by combining its local market expertise with Uber’s global technology and delivery platform.
“Uber’s global mobility and delivery platform and our shared commitment to innovation make this the right partnership to build on Delivery Hero’s strengths in local food delivery and quick commerce,” Östberg said.
Uber Chief Executive Officer, Dara Khosrowshahi, said the acquisition would expand the company’s delivery operations while creating new opportunities for merchants, consumers and delivery workers.
“A merger would extend affordable, reliable delivery to many millions more people in some of the world’s most dynamic economies, while creating more opportunities for merchants and couriers,” he said.
Delivery Hero’s management has unanimously recommended that shareholders approve the offer.
The companies said the transaction remains subject to shareholder approval and regulatory approvals, with completion expected in the second half of 2027.
FAAN to Replace Physical ID Check with V-Pass Biometric Verification
World Bank Says 79 Percent of Nigerians Still Trapped in Poverty despite Reforms
SEC Begins Drive to Recover Unclaimed Dividends
ntel Plays Down Calls and Data Services, Moves to BET Agenda
Nigeria Facing Rising Cybercrime Losses – Report
NRC, Ponzi Scheme Collapses Resulting Loss of Billions of Naira
Nigeria Launches FreeTV Nationwide
NASENI Moves to Digitize CCB’s 5m Assets Declaration and Operations
Lebara Nigeria Launches Lebara Play, Africa’s First Telecom-Owned Micro-Drama Platform
CANAL+ Partners Samsung to Pre-Load DStv Stream on New Samsung TVs In Nigeria, Other African Countries
E-Business3 days agoTD Africa Sponsors Check Point Secure 360 Summit to Boost Cybersecurity in Nigeria
Telecom3 days agoMTN Foundation, MUSON Celebrate Emerging Music Talents at 2026 Graduation Ceremony
News3 days agoGuinness Rolls Out Nationwide Consumer Rewards Promotion
Telecom3 days agoNITDA Calls for Digital Infrastructure Expansion to Drive Nigeria’s Industrialisation
E-Financial3 days agoNext Currency Crisis May Turn $300Bn in Stablecoins into National Currencies
E-Financial3 days agoGigbanc Nigerian Fintech Startup Closes Shop after 3 Years
General News3 days agoFirst Trustees Advocates Estate Planning as an Essential Tool in Every Wealth Creation Strategy
Broadcasting3 days agoMbunabo, Nigerian Filmmaker Accuses Ghana TV Stations of Pirating Nollywood Films