MTN Nigeria CEO Karl Toriola has defended recent tariff hikes by mobile network operators, stating they are essential for the “survival” of the telecoms industry in Nigeria, despite significant criticism.
Dito Telecommunity celebrated reaching 13 million subscribers as of this month (October), and CEO Eric Alberto claimed the challenger operator will achieve profitability within a few years.
India’s state-owned operator BSNL plans to launch 4G services in the country this October, according to local news reports. This follows what seem to be encouraging trial results.
Veon welcomed a letter from shareholder Shah Capital, which criticised the operator’s board for poor stock price performance, and agreed there is potential for improvement.