Telecom
Nnamani to Chair 2022 DigitalSENSE Forum

Engr. Ikechukwu Nnamani, president, Medallion Data Centres Limited, has been named the chairman of the twin event of the 2022 Nigeria DigitalSENSE Forum on Internet Governance for Development (IG4D) and public presentation of the latest industry book: Sagacity of a digital revolution, authored by Remmy Nweke on June 9th, being put together by ITREALMS Media group in Lagos.
Disclosing this, the Lead Consulting Strategist at DigitalSENSE Africa and Group Executive Editor of ITREALMS Media group, Mr. Remmy Nweke, said Engr. Nnamani has been confirmed to chair the dual events slated for the prestigious Welcome Centre Hotels, International Airport Road, Lagos next month.
As said by him, the 2022 Nigeria DigitalSENSE Forum on Internet Governance for Development is the annual digital rights forum by ITREALMS with this year’s theme being: ‘5G: Enthroning Internet Governance for Digital Economy’ while the public presentation of the book: Sagacity of a digital revolution, comes as a sideline event meant to enrich the knowledge base of the Information and Communications Technologies (ICT) industry and is authored by Remmy Nweke, a multiple-award winning journalists.
Engr. Nnamani who also is the President, Association of Telecommunications Companies of Nigeria (ATCON), Nweke said, is known as very active in promoting forward-looking industry policies for the growth of the telecom industry across Africa working with both regulators as well as operators to achieve this goal.
He is currently the President and Chief Executive of the premier telecom body in Nigeria – the Association of Telecommunications Companies of Nigeria (ATCON) with over 100 member companies, cutting across all sectors of the telecom and ICT industry in Nigeria including Telephone Operators (PNL/Fixed Line Operators, MNOs/IDAs Operators), Infrastructure Providers (Interconnect, Data Centre Operators, Towers/Base Stations Providers); Internet Services Providers (ISP) (Wholesale Segment, Retail Segment), Value Added Services Providers (VAS), Over The Top (OTT) Players, FINTECH/e-Commerce Operators, Telecom/ICT Equipment Manufacturers, Telecom/ICT Consulting firms, and Telecom/ICT Equipment Dealers.
Equally, Nnamani recently served as an Executive Board member of Nigerian Internet Registration Association, the organization responsible for managing Nigeria’s Country Code Top Level Domain (.ngTLD).
Under his leadership at Medallion’s datacenter in Lagos, which is rated the most interconnected facility in the West African sub-region being the number 1 peering point for the region and boosting all submarine cables in the region, long distance providers, metro fiber providers, mobile services providers, fixed services providers, OTT providers, Internet Exchange, VAS providers, and global Tier1 service providers, amongst others. He has also promoted the establishment of telecom infrastructure in several African countries including Ghana, Togo, Liberia, Sierra Leone, Ivory Coast, Senegal, Kenya, Uganda, Botswana, and Angola amongst others.
Noteworthy is that Engr. Nnamani has won several national and international awards for his contributions to the growth of telecoms and ICT industry in the global information technology space, just as he was recently awarded the 2021 Outstanding Promoter of ICT for National Development Award at the Titans of Tech Hall of Fame Awards.
In 2020, he was inducted into the Nigeria@60 ICT Hall of Fame by TechTV and named the 2020 ICT Personality of the Year by Communications Week, as well as awarded the ICT Entrepreneur of the Decade by Nigerian NewsDirect. He was named the 2019 NANS Man of the Year, 2019 Beacon of ICT Hall of Fame Award Recipient, 2019 Nigeria Telecom Industry CEO of the Year, and 2019 ICT Industry Entrepreneur of the Year.
Additionally, he was named the 2018 ICT Entrepreneur of the Year at the Beacon of ICT Award and the 2018 Africa Digital Award winner. Engr. Nnamani graced the cover of the 2018 Top 20 CEOs edition of ICT Watch magazine; and was listed in the Top 100 ICT Contributors in 15 years; the 2018 Telecom and ICT personality of the year and was the 2018 Enterprise Award by the Transformation Institute in Toronto, Canada, clinching alongside the 2017 E-Payment Man of the Year.
Engr. Nnamani holds a bachelor’s degree in mechanical engineering from the University of Nigeria, Nsukka and a Master’s degree in Mechanical Engineering from Tennessee State University, Nashville, United States of America (USA).
Meanwhile the chairman of the Association of Licensed Telecommunications Operators of Nigeria (ALTON) Engr. Gbenga Adebayo is warming up as the reviewer of the latest book in the industry, entitled ‘Sagacity of a digital revolution’ whereas the Executive Vice Chairman, Nigerian Communications Commission (NCC) Prof. Umar Garba Danbatta, would give the keynote at NDSF 2022 on the main theme.
Telecom
MTN Nigeria Invests N202.4Bn in Q1 2025 to Enhance Network Capacity

MTN Nigeria Communications Plc has invested N202.4 billion in capital expenditure (Capex) in the first quarter of 2025, marking a 159 per cent increase compared to the same period last year.
The investment, according to the company’s unaudited financial results for the quarter ended March 31, is aimed at improving network infrastructure and enhancing service delivery to customers across the country.
The telecom giant recorded a 40.5 per cent growth in service revenue, driven by strong demand and strategic commercial execution. Data revenue surged by 51.5 per cent, supported by a growing active user base and increased data consumption.
In its fintech division, MTN Nigeria reported a 57.9 per cent rise in revenue, attributed to the strong performance of airtime lending services and higher float income.
However, its active wallet base declined by 25.7 per cent to 2.1 million, reflecting the company’s focus on quality over quantity in customer acquisition.
Despite challenges in the broader economy, MTN Nigeria posted a profit after tax of N133.7 billion, recovering from a loss of N392.7 billion in the previous year. Its EBITDA increased by 65.9 per cent, with the EBITDA margin expanding to 46.6 per cent.
Karl Toriola, chief executive officer, MTN Nigeria expressed confidence in the company’s trajectory, stating: “We are pleased with our performance in the first quarter of 2025, which reflects the continued execution of our strategic priorities and the resilience of demand for our services.
“Building on the momentum from Q4 2024, our Q1 results place us firmly on the path to restoring profitability and achieving a positive net asset position within the current financial year, while increasing our investments to improve network and service quality.”
With a free cash flow of N209.9 billion, MTN Nigeria maintains a solid funding and liquidity position, reinforcing its market leadership in the telecommunications sector.
Telecom
MTN Nigeria Reports N1 Trillion Revenue

MTN Nigeria Communications Plc has said it generated N1.0 trillion in service revenue in the first quarter of 2025, a 40.5 per cent increase from the N752.99 billion earned in Q1 2024.
MTN Nigeria said this in a corporate filing with the Nigerian Exchange Ltd. on Tuesday.
However, the company’s after tax dropped by 134 per cent, falling to N133.7 billion from N392.7 billion in the same period of 2024.
Its total subscriber base grew by 8.2 per cent to 84.1 million, with 3.2 million new additions in Q1 2025.
MTN Nigeria also said the number of its active data users rose by 13 per cent to 50.3 million, following the addition of 2.6 million users.
EBITDA climbed 65.9 per cent to N492.7 billion, while EBITDA margin improved by 7.2 percentage points to 46.6 per cent.
The company recorded free cash flow of N209.9 billion and earnings per share stood at N6.38.
Karl Toriola, MTN Nigeria CEO, expressed satisfaction with the Q1 2025 results, citing strong strategic execution and resilient service demand.
He said momentum from Q4 2024 had helped put the firm on track to restore profitability and achieve a positive net asset position.
He added that regulatory approval for price adjustments was essential to sustain investment and maintain service quality.
This approval enabled N202.4 billion in capital expenditure, up 159 per cent, aimed at expanding capacity and enhancing user experience.
Toriola said the 40.5 per cent growth in service revenue underscored strong demand and commercial discipline.
He noted that Q1 results do not yet reflect the full impact of price changes made late in the quarter.
Telecom
Lawmakers, Telcos in Heated Debate over Kidnapping, Phone Related Crimes

Some federal lawmakers, yesterday, exchanged heated arguments with telecom operators in the country over the roles they are supposed to play to stem the tide of incessant kidnapping and other phone-related crimes in the country.
The lawmakers said the telcos were not doing enough to track kidnappers, despite the number of calls they make to victims’ families demanding ransom.
However, the telcos swifty responded that the lawmakers were mistaking them for security agencies, instead of the telecommunications services providers they were, clarifying that their duties were to provide telecom services to their subscribers and not to catch criminals.
They however, clarified that where and whenever the security agencies had needed their support or services in information that would lead to locating or arresting kidnappers and other criminals, who perpetrated crimes through mobile phones, they had gladly and freely rendered result-oriented support.
The scene played out at the first day of the two-day colloquium on the Nigerian Communications Act, NCA 2003, at Sheraton Hotels, Ikeja, Lagos, with the theme “22 years after: Reassessing the Nigerian Communications Act –Challenges, Opportunities, and Future Directions for a Digital Nigeria”
Ben Etanabene, member of House of Representatives, representing Okpe, Sapele and Uvwie federal constituency, Delta State, was the first to throw the salvo, wondering why despite all the money and time expended in registering phone lines in the country, kidnappers were still operating freely without telcos tracking them.
“Every part of this country, kidnappers are on the rampage, kidnapping and making demands for ransom. Why are the telecom operators not tracking and helping in arresting them before they wreak havoc?” he queried.
Etanabene, who claimed to have been a victim of kidnappers in the past, queried why the telcos and the NCC couldn’t provide geo-location services that would ensure kidnappers were located and nabbed before they carried out their actions, even when all over the world, technology deployment stemmed same crime.
Corroborating him, Ayodele Festus, another member of House of Representatives, who represents Ile-Oluji in Ondo State, said the telcos should improve their services.
He alleged that the telcos were smiling to the bank at the expense of subscribers, who hardly finish a call without it dropping at least five times.
He alleged that there was an increase in customer dissatisfaction because, according to him, “millions of subscribers are deeply frustrated.”
Also, Mr Moshood Olawale, yet another member representing Lagos Mainland in the House of Representatives, alleged that while it was expected that the Nigerian Communications Commission (NCC), and the telcos collaborated for the progress of the sector, what appeared to be playing out was connivance, explaining why telecom tariff goes up instead of coming down.
However, in a swift reaction, Gbenga Adebayo, chairman of Association of Licenced Telecoms Operators of Nigeria (ALTON), punctured the claims of the lawmakers, saying operators were doing a lot to stem phone-related crimes in the country.
Adebayo said: “In the first instance, we are clearly telecom services providers and do not have the mandate to run around arresting criminals.
“Again, kidnappers usually don’t use their own numbers to call families of their kidnapped victims for ransom. Rather, they use the phone of the kidnapped, while moving from one point to another.
“Then, also remember that there is a privacy law, which gives every subscriber right to privacy until there is a lawful reason to intercept their conversations.
“The worst is that the security agencies have not come to ask for geo-location of event and we refused giving it out. At least, there is Law of Lawful Interception, which gives them right in that regard.’’
Also responding, Tobechukwu Okigbo, Corporate Service Executive, MTN Nigeria, told the lawmakers that in terms of affordability, Nigeria was one of the cheapest country with very low tariff in Africa, meaning that their allegation that Nigerians paid the highest price for telecom services was not based on empirical facts.
He also reminded the lawmakers to consider legislating on telecom infrastructure protection which would nip the cases of theft and incessant fibre cuts and vandalism, in the bud.
On his part, Dr. Aminu Maida, executive vice chairman of NCC, corrected the impression that the commission was conniving with telcos but stressed the importance of collaboration of the two bodies to deliver quality services to Nigerians.
Credit – Vanguard
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