Telecoms and IT

MasterCard Sees Growth in Electronic Payments

The Group Executive of MasterCard Incorporated’s Global Products & Solutions for Asia Pacific, Middle East and Africa, Mr. T. V. Seshadri, has said that electronic payments in Nigeria, South Africa and a few other emerging markets will grow in many folds over the next few years.

Mr. Seshadri predicted that Bangladesh might increase 20-fold over the next five years as mobile-phone transactions increase and the government pulls citizens into the formal financial system.

Cash Incentives for New Broadband Infrastructure Operators

The management of the Nigerian Communications Commission (NCC) has announced that seven new infrastructure operators to be licensed in January, 2014 are to get cash incentives for rollout of broadband networks.

Eugene Juwah, the Executive Vice-Chairman of the NCC, said this, on Thursday, at the ongoing ITU Telecom World in Bangkok, Thailand.

A New Wind of Change for Broadband

A popular global frontier in public infrastructure is the provision of internet coverage across a community, state or country. Governments, around the world, are latching onto the understanding that providing easy access to the Internet for citizens, via the provision of broadband infrastructure, has the potential to open up new industries.

Twitter Files for Initial Public Offering

The founders of Twitter look set to vastly increase their already impressive wealth after they announced that the company is preparing to float on the stock market.

After years of speculation, the social networking site, which has more than 200 million users worldwide, will finally follow in the footsteps of the likes of Facebook by filing an Initial Public Offering (IPO).

QoS: Again, NCC Warns Telecoms Operators

The Nigerian Communications Commission (NCC) has reiterated its warnings to telecoms operators in the country not to compromise their quality of service because of sales promotions.

Okechukwu Itanyi, NCC’s Executive Commissioner in charge of Stakeholders’ Management, repeated this caution at the weekend, during the 58th edition of the consumer outreach programme, organised by the commission, adding that consumers of telecoms services deserved value for their money and protection from abuses.

Smartphones Try Fashion Makeovers to Stand Out

Bright colours, funky textures and personalisation are coming to a smartphone near you as mobile phone makers turn to fashion to buoy sales in a crowded market, Reuters reported on Sunday.

Apple Incorporated and Google Incorporated’s Motorola are among those trying to score style points as game-changing technological innovation becomes harder to achieve in the maturing business.

Nokia Stock Surges 40% on Microsoft Takeover

Microsoft Corporation is buying Nokia Corp.’s line-up of smartphones and a portfolio of patents and services in an attempt to mount a more formidable challenge to Apple Incorporated and Google Incorporated as more technological tasks get done on mobile devices instead of personal computers, The Associated Press reported recently.

The $7.2 billion deal announced late Monday marks a major step in Microsoft’s push to transform itself from a software maker into a more versatile and nimble company that delivers services on any kind of Internet-connected gadget.

Digital Marketing: Business Potential for Nigeria

The real-time era has a dramatic impact not only on how people interact and communicate, but on the way media organisations and individuals discover, share and consume information. Brands finally got the power of being real-time and this only became possible owing to the massive uptake of wireless technologies. More recently, there has been a rapid growth of social networks across the digital world as well as a major change in the brand perspectives in social media. Many business executives are realising the power of digital media and its value for business.

Opportunities in Telecoms: Operators Scavenging for More

Nigeria is one of the biggest and fastest growing telecommunications (telecoms) markets in Africa. It has overtaken South Africa to become the continent’s largest mobile market with over 100 million subscribers; however, market penetration is relatively moderate as it stands at 63% at the end of 2012.