Telecom
Internet of Things Market set to Drive eSIM Adoption
The internet of things (IOT) sector will propel eSIM or embedded SIM connections globally, outpacing eSIM-enabled smartphone growth.
This is based on insights from Juniper Research, which predicts the global number of IOT connections using eSIM technology will reach 195 million by 2026, up from 22 million in 2023.
eSIM is a small chip used to authenticate a user’s identity with their carrier, as part of a global specification developed by the GSM Association, a telecoms trade body.
Juniper has identified the growing adoption of eSIM IOT manager (eIM) among eSIM platforms as the driving force of this growth over the next three years. eIM is a standardised eSIM provisioning tool that allows large-scale deployment and management of eSIM-enabled IOT devices.
According to the report, incumbent eSIM provisioning solutions − such as subscription management secure routing − have hindered the growth of eSIMs in the IOT market by limiting the number of devices that can be provisioned and managed via a single user interface.
However, eIM solutions will reduce the cost of deployments by enabling multiple connections to be deployed at the same time, it states.
“With the increased adoption of eIM tools, the growth of eSIM IOT connections will outpace the consumer sector, which includes smartphones, over the next three years.”
Based on the research firm’s report, only 2% of all eSIM-enabled devices are attributable to the IOT sector. However, this will reach 6% by 2026, it states.
The report further anticipates that eSIM-enabled IOT devices in service will grow 780% globally over the next three years, driven by two sectors: logistics, and oil and gas extraction.
“By 2026, these two markets will account for 75% of eSIMs in use globally; owing to their reliance on low-power, wide-area business models that necessitate the use of mass deployment processes.”
In South Africa, the uptake of eSIM-enabled smartphones on the consumer front has been sluggish, unlike in established markets, such as the US and Europe.
Embedded SIM cards have already been included in a range of newer high-end iOS and Android phone models, including Apple, Samsung, Motorola, Huawei, Oppo and Sony.
Industry insiders believe high costs remain the key barrier to adoption. However, as more vendors start supplying eSIM-supporting phones, the technology will be more affordable and more accessible to consumers.
Telecom
MoMo PSB, LSSBI Advisory Partner for Seamless Tax Payments
MoMo PSB has announced a partnership with Leadership Strategy Sustainability Business Innovation (LSSBI) Advisory to enhance financial inclusion and streamline tax payments in Ekiti, Nasarawa, and Rivers states.
This collaboration introduces MoMo as the official payment platform for taxpayers, enabling easy and convenient payments via the USSD code *5229#.
Nigeria CommunicationsWeek report that the partnership aims to boost compliance, drive revenue development, and promote financial autonomy for marginalised communities. Key stakeholders highlighted the significance of this collaboration in closing the financial gap and promoting economic growth.
Read Also: MTN Nigeria takes full control of MoMo bank for $4.6m
With this initiative, MoMo PSB reaffirms its commitment to providing accessible and user-friendly financial services to all Nigerians, particularly the unbanked and underbanked populations.
The launch of the USSD code *5229# demonstrates MoMo PSB’s dedication to expanding financial inclusion and promoting digital payments.
Ekiti State officials lauded the partnership, commenting on the convenience of using the MoMo payment platform, while emphasising its potential to increase tax compliance and benefit local communities.
The collaboration is part of a broader initiative to empower citizens with financial autonomy, encourage saving, and promote responsible money management.
As the rollout begins in Ekiti, Rivers, and Nasarawa, MoMo PSB and LSSBI Advisory aim to expand the initiative nationwide, encouraging other states and private sector partners to explore similar collaborations, leveraging technology to improve access to financial services. This partnership marks a new era in tax payment solutions, prioritising efficiency, inclusivity, and financial empowerment for all Nigerians.
MoMo PSB, established in May 2022 as the fintech division of MTN, continues to focus on delivering user-friendly, accessible, and affordable financial services to both new and existing customers across Nigeria.
Telecom
Glo Introduces Instalment Payment Scheme for Purchase of Smartphones
Globacom has unveiled a new device acquisition scheme to enable Nigerians own smartphones and pay conveniently over several months. The scheme is dubbed: “Buy Now, Pay Small Small” and is available in Gloworld shops across the country.
The scheme aims to bridge the digital divide by enabling individuals and businesses have access to the latest smartphones and devices more conveniently. This, Globacom claims, will make customers more connected and more productive.
A press statement released by Globacom explained that it is offering flexible payment options to its customers so they can acquire devices of their choice and spread the cost of these new devices over several months through instalment payments that is manageable for them.
The scheme has a wide range of smartphones and other smart devices from top brands that customers can chose from.
This device financing is available to all new and existing Glo customers who can avail the benefits of the programme when purchasing new devices from Gloworld stores across Nigeria.
Moreover, customers can choose from various payment plans to suit their budget, with tenures of up to six months and special interest rates on all flagship devices.
Globacom said customers who purchase devices under the programme will also be given a data bonus of 18GB for six months, adding that it is focused on customer satisfaction, through ensuring a convenient system of smartphone acquisition for Nigerians.
Telecom
Here’s Your Last Chance to Secure Discounted Starlink Kits @ Konga
Starlink Week at Konga, an exceptional opportunity to acquire reliable satellite internet at a significantly discounted price, ends tomorrow, Saturday, August 31, 2024.
Nigeria CommunicationsWeek gathered that customers now have chance to secure a Starlink kit at an exceptional price and experience the transformative power of high-speed internet.
Throughout the week, Konga has been dedicated to making Starlink’s cutting-edge technology more accessible to Nigerians.
Read Also: Konga Announces Starlink Week: An Opportunity To Own High Speed Internet Kit
The e-commerce giant offered Starlink kits and accessories at reduced prices, along with perks that have made this offer hard to resist.
In addition to the unmatched prices, Konga included free nationwide delivery to ensure that customers from every corner of Nigeria benefited from this offer.
Konga also provided free same-day delivery in major cities like Lagos, Abuja, and Port Harcourt, ensuring that customers can start enjoying their Starlink experience almost immediately.
As Starlink Week draws to a close, this is the final call for those who still need to take advantage of this limited-time offer.
The discounted prices, combined with the exceptional delivery options, represent a rare opportunity to invest in a technology that has revolutionized internet accessibility across the globe.
Konga’s Starlink Week has been more than just a promotional event; it has been a gateway to connectivity, offering Nigerians a reliable solution to their internet needs.
Starlink provides the service you need to stay connected wherever you are in Nigeria.
Take advantage of this exclusive opportunity. Visit Konga.com today or walk into any of Konga’s retail stores to secure your Starlink kit before the campaign ends.
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