Latest news with #telecoms
Zawya
3 days ago
- Business
- Zawya
Nigeria: Telecoms subscribers decline by 43mln in one year —Report
AT least 43 million lines were disconnected from network service providers for non-compliance with the National Identification Number (NIN) SIM linkage policy of the Federal Government, report has revealed. The number of telecom subscribers in the country fell by 43.7 million subscribers from 216,974,742 in April 2024 to 172,948,309. This effectively reduced teledensity from 100.09 per cent to 79.78 per cent. Teledensity is calculated based on Nigerian Population Commission's projected population figure of 216 million, according to the NCC. A breakdown showed that Airtel subscribers dropped from 62,933,351 in April 2024 to 58,586,914 in April 2025. Globacom witnessed a drop from 62,055,248 in April 2024 to 20,607,726 in April 2025. The number of customers lost by Globacom was 20,607,726, making it the biggest loser. 9Mobile subscribers dropped to 2,964,445 in April 2025 from 8,956,568 subscribers in April 2024. However, MTN Nigeria Communications was the only telecom company that survived the shock. MTN saw a rise in its subscribers from 82,716,236 in April 2025 to 90,508,170 in April 2025. Analysis showed that the 43.7 million subscribers' loss was a result of the disconnection of unregistered lines. 'The removal of Subscriber Identification Modules (SIMs) that are not linked to verifiable National Identification Numbers (NINs) and the rectification of a major discrepancy by a Mobile Network Operator explain the significant drop in Nigeria's telecoms subscriber base,' the regulator explained in the report. In 2022, the Ministry of Communications and Digital Economy announced that the NIN-SIM linkage policy was for national security and accuracy of the national SIM ownership database. Subscribers whose lines were not associated with a verified NIN were advised to complete NIN verification to reactivate their lines. After multiple deadlines for compliance, the NCC set a final deadline of September 14, 2024, for Mobile Network Operators (MNOs) to complete the linkage process. Copyright © 2022 Nigerian Tribune Provided by SyndiGate Media Inc. (
Daily Mail
4 days ago
- Business
- Daily Mail
Which 10 FTSE 100 shares have jumped most in the past six months?
A mining giant headquartered in Mexico City has been the FTSE 100's biggest riser over the past six months. Fresnillo shares have jumped 77 per cent amid a surge in gold prices, as President Trump's tariffs have led to considerable turmoil in global stock markets and driven investors to safe-haven assets. Gold prices smashed a record $3,500 per ounce on 22 April, a few weeks after Trump announced a 10 per cent baseline tax on all US goods imports, as well as 'reciprocal' tariffs of 25 per cent on dozens of countries. Prices have also been driven up by inflows into gold-backed exchange-traded funds and high demand from central banks since Russia's full-scale invasion of Ukraine. Silver prices have similarly been lifted by geopolitical turmoil, although not to the same extent as gold. The element increased in value by approximately 21 per cent last year, from $23.65 to $28.90 per ounce, thanks to strong industrial demand for use in green technologies such as solar panels and electric vehicles. Rising prices and moderately higher production output combined to help Fresnillo's turnover jump by 29.3 per cent to $3.5billion in 2024, and its pre-tax profits skyrocket more than sixfold to $743.9million. Another firm that has enjoyed a fruitful last six months is the little-known telecoms provider Airtel Africa, whose shares have soared by around 70 per cent. This is despite the group recently reporting that its revenues flatlined at just under $5billion in the year ending March. Its operating profits also declined by 11.1 per cent to less than $1.5billion. Some distance behind, at 57 per cent, is Rolls-Royce Holdings, which has enjoyed an exceptional turnaround under chief executive 'Turbo' Tufan Erginbilgic. Having severely struggled during the pandemic when airline travel virtually ground to a halt, the engine manufacturer slashed costs by cutting jobs and improving its supply chain. The measures coincided with a rebound in foreign travel boosting the amount of time its engines were in use and governments ramping up defence spending in response to Russia's full-scale invasion of Ukraine. Consequently, the company's market value has jumped about ninefold since the start of 2023, from £7.9billion to £71.5billion, and is on track to reach its 2027 profit targets two years ahead of schedule. BAE Systems has likewise benefited from growing military expenditure; shares in Europe's largest defence contractor have climbed by 47 per cent. Among the Footsie's other top ten performers over the last six months are Lloyds Banking Group (up 48 per cent) and NatWest Group (up 34 per cent). The latter exceeded first-quarter earnings forecasts, achieving an operating pre-tax profit of £1.81billion, compared to analyst estimates of £1.56billion. Ahead of NatWest are Coca-Cola Hellenic Bottling Company (up 40 per cent), whose shares traded at a record high on Tuesday, and motor insurer Admiral Group (up 36 per cent). Behind the firm in ninth and tenth place are Next (up 32 per cent), which has just become the fourth British retailer to score at least £1billion in annual pre-tax profits, and British Airways owner International Airlines Group (up 31 per cent). The FTSE 100 was up 0.8 per cent today to hit 8,785 - back to levels seen at the start of March. It is up 14.3 per cent since 9 April, when Trump's tariff shock sent global markets into freefall.
Mid East Info
4 days ago
- Business
- Mid East Info
iZOOlogic Unveils New Cyber Threat Intelligence Suite at GISEC 2025 in Dubai - Middle East Business News and Information
iZOOlogic, a leading global cybersecurity firm, proudly announced the launch of its enhanced Cyber Threat Intelligence product suite at GISEC Global 2025, the Middle East's premier cybersecurity event held at the Dubai World Trade Centre. The launch marks a significant expansion of iZOOlogic's capabilities in threat intelligence, tailored to the evolving needs of critical sectors in the GCC region. The newly launched threat intelligence suite includes four key modules: IOC (Indicators of Compromise) Feed Cyber Intelligence Advisory Vulnerability Management Malware Intelligence Data Feed These offerings empower organizations to anticipate, detect, and neutralize cyber threats in real-time while staying compliant with regional and global security standards. iZOOlogic has rapidly expanded its footprint across the UAE, now serving over 45 enterprise clients, including the country's largest bank and its leading airline. The company also boasts a growing portfolio across the broader GCC region, with strategic clients in Saudi Arabia (KSA), Qatar, Kuwait, and Bahrain. At GISEC 2025, iZOOlogic showcased how its proprietary technologies are helping financial institutions, airlines, telecoms, and government entities mitigate risk and maintain operational resilience in the face of increasingly complex cyber threats. The exhibit drew significant attention from CISOs, regulators, and regional partners keen to enhance their threat visibility and incident response posture. The iZOOlogic business leadership team from London traveled to Dubai to support the event, meet with key customers, and explore new partnerships. 'This has been an incredible opportunity to connect face-to-face with our UAE and GCC clients, many of whom rely on iZOOlogic to protect their most sensitive digital assets,' said the team in a joint statement. 'We're proud to play a trusted role in strengthening the region's cyber defenses.' The launch of the enhanced Cyber Threat Intelligence suite underscores iZOOlogic's ongoing commitment to innovation, intelligence-led defense, and strong regional partnerships. For more information, visit
Yahoo
4 days ago
- Business
- Yahoo
DIDWW launches automated messaging workflows in its omnichannel Messaging Platform
DUBLIN, May 27, 2025 (GLOBE NEWSWIRE) -- DIDWW, a global telecoms provider of fully compliant phone numbers and premium-quality voice and SMS services, has introduced Automations to its Messaging Platform, allowing businesses to create multi-channel communication flows triggered by specific events. With this new functionality, organizations can simplify customer interactions while reducing the need for manual input, leading to more efficient workflows. The Automations feature utilizes Event Sources such as JavaScript and HTTP triggers for customized messaging and includes a Flow Builder, which provides a visual interface for crafting sophisticated messaging sequences with ease. Additionally, real-time Flow Statistics deliver valuable insights into campaign performance and customer interactions. Together, these enhancements help businesses refine their messaging strategies while maintaining compliance and operational efficiency. DIDWW's Messaging Platform offers companies a comprehensive solution for multi-channel customer engagement via SMS, social platforms, and email. Users can easily segment contacts based on attributes, create multiple message templates, and efficiently manage opt-outs. This platform enhances reliability with automated link shorteners, customizable sender details, and fallback channels to ensure message delivery. Users can also run thorough tests before launch, schedule communications for peak engagement, and track performance with detailed analytics and logs. Marius Martinkus, Technical Operations Manager at DIDWW, said, 'We are committed to delivering reliable and efficient voice and SMS services to businesses of all sizes, no matter where they operate. By harnessing event-based triggers and real-time insights, companies can create highly efficient, multi-channel messaging strategies that improve customer engagement and streamline workflows.' About DIDWW DIDWW is a licensed telecom operator specializing in fully compliant phone numbers, voice and messaging services across 90+ countries. The company is continuously expanding its coverage and currently holds telecom licenses in 30 countries, with its own numbering resources in 19 of those regions. The company's innovative cloud PBX solution, enables businesses to create streamlined communication systems. Enhanced with AI-driven tools, seamless CRM integrations, and multiplatform apps for Windows, iOS, macOS, and Android, delivers an unparalleled user experience. DIDWW also employs automated quality and abuse monitoring, all supported by a professional in-house customer support team available 24/7/365. For more information, visit Press Contact:Vilija SimkieneMarketing Departmentvilija.s@ (212) 461 A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
23-05-2025
- Business
- Forbes
Starlink May Launch In South Africa Soon After Govt Policy Changes
Tesla CEO Elon Musk seen between the blurred images of SA-born golf legends Retief Goosen and Ernie ... More Els, during a meeting between US President Donald Trump and SA President Cyril Ramaphosa in the Oval Office of the White House on May 21, 2025. Photographer: Jim Lo Scalzo/EPA/Bloomberg South Africa has published a 'proposed policy direction' that should allow Elon Musk's Starlink to sidestep the strict ownership requirements in the country's telecoms sector and launch in the country of his birth. Telcos must have a 30% ownership by historically disadvantaged groups, in line with the country's black economic empowerment (BEE) laws adopted after the end of Apartheid in 1994. The telecoms sector, however, has much stricter ownership requirements than the broader information, communication and technology (ICT) sector, which allows for 'equity equivalent investments' in training, supporting small businesses and building infrastructure. SA Communications Minister Solly Malatsi on Friday published a 'proposed policy direction' that will allow the country's telecoms regulator, the Independent Communications Authority of South Africa (Icasa), to sidestep those strict ownership strictures in lieu of newer BEE legal amendments. This includes the country's Amended Broad-Based Black Economic Empowerment (B-BBEE) ICT Sector Code. This means Starlink will be able to use 'equity equivalent investments programmes' as its contribution to BEE requirements for foreign investment. Other major tech firms, including Microsoft and Google, operate their South African subsidiaries using this economic model. After being published in South Africa's official Government Gazette on 23 May 25, this official instruction from the communications minister will give the regulator Icasa the legal authority to 'harmonise' the laws that govern it with the new ICT Sector Code and other amendments. In the gazetted announcement, the communications department quotes the World Bank statistic, that for every 10% increase in broadband penetration in a country, there is a 1.21% growth in GDP. 'The focus of this policy direction is on lowering regulatory hurdles to investment in reliable broadband and ensuring access to the internet,' the document reads. 'Policy clarity on the recognition of the equity equivalent investment programmes has long been sought by multinational operators in the ICT industry. This will provide the certainty necessary to attract increased investment in ICT and accelerator universal internet access.' Musk has incorrectly claimed that Starlink is 'not allowed to operate in South Africa because I'm not black,' as he tweeted on X in February. South Africa has very poor telecommunications in rural areas, where a satellite-based service would be useful for achieving the intended 'universal internet access'. There should be a 'Starlink at every local police station,' South Africa's richest man, Johann Rupert, told President Donald Trump during Wednesday's controversial Oval Office meeting. Rupert was part of South African President Cyril Ramaphosa delegation to the White House, as were SA-born golfing legends Ernie Els and Retief Goosen. Musk was also in attendance, and although Trump mentioned him, the controversial businessman did not say anything. Rupert – whose Richemont holding company owns Cartier, Mont Blanc and other luxury brands – told President Trump that while South Africa has a crime problem, there is no so-called white genocide. 'We have too many deaths. And it's across the board. It's not only white farmers,' said Rupert. Towards the end of the meeting, Ramaphosa joked with the U.S. President: 'I am sorry I don't have a plane to give you'. 'I wish you did,' replied Trump replied. 'I'd take it. If your country offered the US Air Force a plane, I would take it.'
