Following the Coronavirus Lock Down in Nigeria, MTN Network has given out free 300 SMS to all Networks for 30 days, 10 SMS per day.
On their official Twitter Account, they wrote:
“We understand how important it is to keep in touch with loved ones during this period. Now you can with FREE 300 SMS to all networks.
MTN Group’s revenue rises by 11%, subscribers now 257.3m
MTN Group on Thursday said strong growth in Nigeria and Ghana helped offset lower revenues in its home market South Africa.
The telco said it delivered a solid performance in the first quarter (Q1) this year, boosting service revenue by 11.1 per cent and increasing service revenue by 16.5 per cent to ZAR 38.7 billion.
Its earnings before interest, taxes, depreciation and amortisation (EBITDA) increased by 15.6 per cent, with the EBITDA margin improving by 2.1 percentage points to 43.2 percent, in line with medium-term targets.
The Group recorded voice, data and financial technology (fintech) revenue growth of 6.3 per cent, 26.4 per cent and 26.0 per cent respectively. Mobile subscribers rose by 6.6 per cent to 257.3 million across its 21 operations. Active data subscribers increased by 2.9 million to 98.3 million, while active mobile money customers increased by 0.4 million to 35.1 million.
MTN said the COVID-19 situation is an evolving one and will undoubtedly affect the year ahead. Given the uncertainties associated with the duration and economic impact of the pandemic, it is difficult to reliably quantify the financial effects on the business at this early stage. However, the company has lowered its capex budget for the year on expected disruptions to the supply chain and challenges rolling out under lockdown rules, combined with a focus on preserving liquidity. As a result, MTN expects to invest ZAR 21-22 billion this year, compared to the ZAR 28 billion forecast at the full-year results. It will also continue with its cost control efforts as part of its medium-term strategy.
Its Nigerian subsidiary, MTN Nigeria, had announced its financial report for the first quarter of 2020 with good numbers. The telco added 4.2 million new subscribers in the first quarter. Its total number of subscribers now stands at 68.5 million, the largest in the country while its revenue also witnessed impressive growth as it raked in ?329.2 billion ($845.4 million) during this period, a 16.7per cent growth from the same period a year ago. Profits after tax increased by 5.3per cent to ?51.02 billion ($131.1 million).
The telco said it is witnessing a dip in voice traffic, especially in its mass market.
“Voice revenue has experienced an immediate impact from the current macro disruptions,” MTN wrote.
The slump started in late March as the coronavirus and the dip in oil prices began to affect the economy. Both developments have caused “a slowdown in economic activity and a reduction in people’s earning capacity,” the telco said.
While voice revenue took a dip, data traffic rise fast. MTN said traffic patterns changed following the presidential lockdown of Lagos, Abuja and Ogun States as part of initial responses to tackle the COVID-19 pandemic.
“We started experiencing a change in traffic patterns with a drop in voice traffic which was partially offset by an increase in data traffic on the network,” MTN wrote in the report.
Data traffic spiked as subscribers “began to adopt digital channels for most of their activities and routines including telecommuting, entertainment and social media engagements.”
Following the outbreak of the pandemic, people have switched to WhatsApp, Telegram, Zoom and Google Meets for text and group calls. In less than two months, Zoom grew from 10 million to 300 million users globally. Telegram recently hit 400 million daily active users.
This trend is expected to have a positive impact on the telco’s data services. Between January and March, the company’s total number of active data subscribers jumped by 1.7 million to 26.8 million. Data revenue equally witnessed growth as it increased 59.2per cent during the first quarter.
However, despite the growth in data services, MTN will face revenue challenges in subsequent quarters. Data revenue is still a relatively small part of MTN’s revenue. In Q1 2019, it represented just 16.6per cent of the company’s earnings. Even with its 59.2per cent growth in the first three months of 2020, it only accounts for only 22per cent of the telco’s ?329.2 billion 2020 earnings.
Voice traffic remains MTN’s biggest revenue base. In Q1 2019 it represented 75.9% of all its earnings. And in 2020, phone calls brought in over ?227 billion during the first three months of the year, representing over 68% of the company’s total revenue.
The adoption of digital services for voice and video calls is showing, once again, how vulnerable telecom companies are to internet platforms. “Although we have witnessed growth in data revenue,” MTN said in its latest report, “it does not fully offset the decline in voice revenue.”
This explains why telcos considered the option of blocking internet services a few years ago. In Nigeria, the first sign of trouble was in 2013 when telcos saw a 30per cent decline in revenue from international calls between October 2013 and December 2013.
Since then, telcos have lost the SMS market to instant messaging apps like Telegram, WhatsApp and even Twitter. They were slow to predict and develop social media platforms to rival Facebook or other platforms for video calls, voice calls or content streaming.
Only few telcos have developed rival products. MTN Group, parent company of MTN Nigeria, developed Ayoba, a social media platform, in 2018. It also acquired Simfy Africa, a music streaming platform in 2018, and relaunching it as MusicTime! In late 2019. Other diversification plans include the development of fintech services like mobile money solutions.
However, the dilemma for MTN and other telcos is that they have to spend more on critical infrastructure to improve internet access or risk losing data subscribers to competitors. In Nigeria, their operating costs are rising due to the foreign exchange regime. Meanwhile, alternative internet service providers like Smile, Spectranet, Tizeti, Swift and NTEL are becoming interesting rivals.
MTN has the largest 4G coverage in the country. It was 24per cent early last year but has since risen to 44per cent. However, in 2018, the company had 5.76 million 4G subscribers, the highest in the country according to the NCC. Meanwhile smaller companies like NTEL and Smile had 538,308 and 237,066 4G subscriptions respectively.
These look like small figures, but they are really not. Globacom and 9Mobile had 911,701 and 901,771 4G subscribers in 2018. In perspective, these two companies had over 60 million mobile users that year compared to Smile and ntel that had less than 1 million users combined.
Infinix unveils the masterfully designed Note 7 in the first online smartphone launch with celebrities in Africa
Infinix Mobility, global premium smartphone brand unveiled the highly anticipated NOTE 7. A smartphone targeted at the mid-to-high-end market segment in Nigeria. This is coming after months of clamoring for another NOTE since the 6th iteration of the Infinix NOTE series hit the shelves in July 2019.
The Note 7 was unveiled through a first-of-its-kind, online mobile phone launch that brought in a fine mix of top Nigerian celebrities in the entertainment industry. Together at the launch with Infinix Mobility’s brand ambassador – Davido was popular TV presenter Nancy Isime; Nigerian actress – Ini Edo; musical whiz – Patoranking, the rib cracking comedian – MC Lively, and the popular tech vlogger – Fisayo Fosudo. These magical six brought a lot of humor and fun into what has turned out to be the best hours of an online smartphone launch in Africa. Watch top celebrities unveil the Note 7 on Infinix mobility’s YouTube channel: https://youtu.be/IKGsVH71W8U
The Infinix Note 7 comes with distinctively unique features in comparison with other devices within the same price range. Some of these unique features include; a 6.95”HD Infinity-O display, the biggest Infinity-O display ever from Infinix; the super-fast, MediaTek Helio G70 processor, ideal for elite mobile gamers and business professionals; a 48MP Quad AI Camera that boasts the highest pixel count in its price range; industry leading 18W super charge 3.0, and XOS 6.0 operating system based on the latest Android™ 10 system.
As is customary of the brand, the Note 7 comes with a stunning body frame with delicate strokes at the rear of the device, animated by three beautiful color choices including Forest green, Aether black and Bolivia blue.
Speaking about the launch of the device, Benjamin Jiang, Managing Director of Infinix Mobility said, “We are very proud to launch the NOTE 7 into global markets. The NOTE 7 carries forward the DNA of Infinix by offering the most premium smartphone experience through powerful features, trendy technologies, as well as high-quality hardware and software fusion, all packaged in a stylishly designed smartphone.” In addition, he said, “The NOTE 7 is the device that combines Infinix’s technological innovation strength with our deep insights into our target consumers’ needs to deliver an overall enhanced experience for all types of content consumption and user scenarios. We are confident that both our fans and new users will be amazed when exploring the unlimited possibilities of the new and price-friendly NOTE 7.”
Work and play better with the crystal clear 6.95inches screen and amazing Helio G70 processor
Smartphones have become an indispensable tool in people’s daily work and private life.
Packed with a 6.95” inches HD + Infinity-O display and MediaTek Helio G70 CPU performance, the Infinix NOTE 7 makes for a well-rounded tool that seamlessly bridges daily work and recreation.
For individuals who want to be efficient during working hours, the devices’ 6.95 inches, high-definition Infinity-O display combined with its strong CPU performance can offer fantastic viewing experience and smooth operations for making video calls with business partners, running work-related mobile apps, taking notes or scouring through the internet.
On the other hand, users can enjoy the best of entertainment during leisure on an awe-inspiring cinematic display as well as incredible gaming experiences, and smoother multimedia engagements made possible by the powerful G70 processor.
Capture every blissful moment with the 48MP night shot camera.
The Infinix NOTE 7 boasts of a 48MP Quad Camera that allows users to capture ultra-high-resolution images under different scenes and layout modes. Regardless of the view in focus; a beautiful sunset, a backlight street view, or even highlights from a night out, the NOTE 7 camera is able to capture it all – with crystal clear quality and lifelike beauty. Also sitting at the front of the device is a 16MP selfie camera that guarantees stunning pictures in several modes including portrait.
Shooting videos in low-light has never been this easy. With NOTE 7’s outstanding low-light performance, courtesy of a 1080P low-light video camera that records at 30fps, users will be able to capture every tiny detail and distinct color even in the dark, and without the use of a flash.
Among NOTE 7’s diverse shooting modes, the super stabilized action shot is another major highlight. The shot is achieved by accurately sensing videos without the blur and shake, creating more fun moments. Users are presented with the power to take clear videos and “pause” the action for a brief moment. Even videos taken from a boat out on a rocky sea, or pictures of a skiing fanatic jumping off a snowy slope will be able to fully express the awe-inspiring motion of the moment with beautiful precision.
Power up your smart life with the long lasting 5000mAh battery
To keep the blissful experience going for as long as possible, the NOTE 7 houses a long-lasting 5,000mAh battery, which is complemented with the best-in-class 18W super charge 3.0. With this much battery capacity, users can afford to go heavy on their device for days without charging. And when it’s finally time for a boost, users can achieve full charge in less than 30mins.
Equipped with the latest XOS 6.0 operating system, built on the Android™ 10, the Infinix NOTE 7 introduces a whole new user interface, with snappier performance and exciting new features. Users can customize their phones to suit their own tastes with the latest features, such as Dark Theme and Android 10 Gesture Navigation. The NOTE 7 is also faster and more intuitive with a side-mounted fingerprint sensor for security options.
The Note 7 will be available across all authorized stores in Nigeria from May, 14, 2020. Interested shoppers can also purchase the device on Xpark at https://ng.xpark.com. The LITE version of the NOTE 7 is sold for ?67,500, while the primal version is sold for 78,000 and 89,500 for the 64GB+4GBRAM and 128GB+6GB variant respectively.
For more information on the device, visit Infinix Mobility’s website at www.infinixmobility.ng or you can follow their social media pages @Infinixnigeria on Facebook, Twitter and Instagram.
|NOTE 7||NOTE 7 Lite|
|OS Version:||Android™ 10||Android™ 10|
|Processor:||G70||MT6762 2.0GHz octa-core|
|Display:||6.95-inch HD+ Infinity-O||6.6-inch HD+ Infinity-O|
|Selfie camera:||16MP FF with display flash light||8MP with flashlight|
|Rear camera:||48MP+2MP+2MP+ Low light Video Camera withQuad Flash-Light (6GB + 128GB)48MP+2MP+2MP+AI Lens (4GB + 64GB/4GB + 128GB)||48MP+2MP+2MP+AI Lens AF withQuad Flash-Light|
|Memory:||4GB RAM+64GB ROM / 4GB RAM+128GB ROM/6GB RAM+128GB ROM||4GB RAM+64GB ROM/ 4GB RAM + 128GB ROM|
|Colors:||Forest Green, Aether Black, Bolivia Blue||Forest Green, Violet, Space Grey|
Check out detailed specifications @https://www.gsmarena.com/infinix_note_7-10175.php
Launched in 2013 and targeting the young generations, Infinix Mobile is a premium online-driven smartphone brand. With “THE FUTURE IS NOW” as the brand essence, Infinix aims to allow consumers to stand out in the crowd and to show the world who they really are. Infinix is committed to providing the most cutting-edge technologies with bold and stylish designs, keeping consumers on trend and up-to-date. Infinix’s portfolio spans five product lines – ZERO, NOTE, HOT, S, and SMART; empowering users to own innovative technologies and experience intelligent lifestyles.
Twitter to label disputed COVID-19 tweets
Twitter, microblogging giant, says it would start notifying users anytime a tweet makes unsubstantiated claims about the coronavirus pandemic.
In a blog post on Monday, the microblogging company said the move was in furtherance of its quest to rid the platform of potentially harmful and misleading content.
“In serving the public conversation, our goal is to make it easy to find credible information on Twitter and to limit the spread of potentially harmful and misleading content,” it wrote.
“Starting today, we’re introducing new labels and warning messages that will provide additional context and information on some Tweets containing disputed or misleading information related to COVID-19.”
Twitter added that the measure would also enable the public know if a particular tweet conforms with health guidelines provided by experts or not before they view it.
“These warnings will inform people that the information in the Tweet conflicts with public health experts’ guidance before they view it,” it said.
Nick Pickles, the company’s global senior strategist for public policy, also explained that Twitter won’t directly fact check or call tweets false on the site.
According to him, the warning labels might direct users to curated tweets, public health websites or news articles.
“People don’t want us to play the role of deciding for them what’s true and what’s not true but they do want people to play a much stronger role providing context,” he said.
In the same vein, Yoel Roth, Twitter’s head of site integrity, said the company may not be able to take up enforcement action on every of such tweets with disputed claims about the novel disease.
“We will not be able to take enforcement action on every tweet with incomplete or disputed information about COVID-19,” he said.
The latest initiative comes on the heels of other measures taken by Twitter to contain spread of misinformation about COVID-19.
Nigerians support COVID-19 fight in Cameroon
Nigeria Journalist arrested for criticizing Lai Mohammed
Sandra Ikeji Celebrates Husband Arinze As He Marks Birthday Today
University Students S€x Tape Leaks online (video)
Girl Who Was “Buried” 2 Years Ago Walks Back To Her Parents House in Zambian(Photos)
Any Guy That Last 30 Minutes During $£x Is A Mad Man – Lady angrily Says
Trending3 weeks ago
“Are You My Senior?” –Policeman And A Soldier Fight Bitterly Over Who Is Superior At An Interstate Border (Video)
Entertainment4 weeks ago
Iyabo Ojo’s Daughter Plays Pregnancy Prank On Brother, See How He Reacted (Video)
Trending1 week ago
AOC owes $2,000 in unpaid taxes from failed business venture
Trending1 week ago
28-year-old Woman Alleges She’s Jay-Z’s Secret Daughter And Shows ‘DNA Proof’
Relationship1 week ago
Here’s what to do if communication is poor in your relationship
Relationship3 weeks ago
Five signs that you rushed into a relationship
Health1 week ago
Multitasking can lead to negativity in workplace
Trending1 week ago
PREMIER: QD – Street | @EgunAgba