Business

Nigeria telecom sector in intensive care unit, says MTN

Nigeria telecom sector in intensive care unit, says MTN

The CEO, MTN Nigeria, Karl Toriola, has said the telecom sector in Nigeria is now in an intensive care unit (ICU) gasping for breath.

Speaking virtually at a hybrid telecom investment forum organised by FDC on Tuesday in Lagos, he said there’s an urgent need to rescue the sector from collapse.

READ ALSO:

Toriola, who differed with the position of Airtel Nigeria CEO,  Carl Cruz, who had expressed optimism that investment will continue to flow into the sector, said pricing increase has become imperative, adding that it is now an absolute necessity.

Trends Admin

Recent Posts

12-Year-Old Boy Shot During APC Campaign Rally in Ilesa, Protests Erupt in Osun

12-Year-Old Boy Shot During APC Campaign Rally in Ilesa, Protests Erupt in Osun The incident…

11 hours ago

Revealed: FBI Foiled Two Assassination Plots Against Messi at 2026 World Cup

Revealed: FBI Foiled Two Assassination Plots Against Messi at 2026 World Cup Security archives reveal…

11 hours ago

FG to supply six-seater electric tricycles, charging station to Offa Polytechnic

FG to supply six-seater electric tricycles, charging station to Offa Polytechnic The Federal Government has…

11 hours ago

Kano Woman Pleads Guilty to Severing Boyfriend’s Manhood Over Marriage Dispute

Kano Woman Pleads Guilty to Severing Boyfriend's Manhood Over Marriage Dispute A Kano Magistrates' Court…

13 hours ago

Jorge Messi, Father and Agent of Lionel Messi, Dies at 68 After Long Illness

Jorge Messi, Father and Agent of Lionel Messi, Dies at 68 After Long Illness Jorge…

13 hours ago

Edo Spiritualist Arrested for $1,100 Sextortion of Indian Woman – EFCC

Edo Spiritualist Arrested for $1,100 Sextortion of Indian Woman – EFCC The Economic and Financial…

14 hours ago