Airtel Africa on Thursday announced it will release financial statements for the period ended 30 June 2021 on Thursday 29, July 2021.
The leading telecommunications company disclosed in a statement issued by Simon O’Hara, Group Company Secretary, Airtel Africa Plc.
The company also stated that the “management will host a conference call for analysts and investors at 12:00pm UK time (BST), on Thursday 29 July 2021. To receive an invitation with the dial in numbers to participate in the conference call please register before the event using the following link:
Airtel Africa is leading telecommunications and mobile money services listed on the London Stock Exchange and the Nigerian Exchange Limited. It has presence in 14 African countries.
Airtel Nigeria flags off Airtel Touching Lives Season 6
Leading telecommunications services provider, Airtel Nigeria has reiterated its commitment to bringing relief to the vulnerable and less privileged in the society through its Corporate Social Responsibility initiative ( CSR), Airtel Touching Lives.
Speaking during the official flag-off of Season 6 of its flagship Corporate Social Responsibility initiative, ‘Airtel Touching Lives’, today at Wheat Baker Hotel, Ikoyi, Mr. Segun Ogunsanya, Chief Executive Officer and Managing Director, Airtel Nigeria now elevated as CEO Airtel Africa had while performing one of his last official duties in the Nigeria office of the telecom group, reaffirmed the company’s resolve to bring good dividends to all its stakeholders with particular focus on giving succor and comfort to the downtrodden in the society.
Noting that previous editions of the CSR initiatives had recorded milestone achievements, the out-going Managing Director disclosed that ‘Airtel Touching Lives’ Season 6 will pay serious attention to COVID-19 related projects, education and will be rendering support to the medically challenged in the society.
Segun Ogunsanya asserted the telco’s relentless drive to alleviate the sufferings of the indigents in the society stating that “ In life, the purpose is very powerful. It does not just drive an individual or an entity, it drives every action and decision. Airtel procured our operating license for Nigeria in 2001. We have renewed that license for another ten years period from NCC where it is possible to procure and renew an operating license. You can only earn a social license to operate and it is not issued by NCC but by the various communities where we operate”.
He added that social license is the love, loyalty, friendship and affection that the Telco gets from the communities where it operates.
The Telco boss said: “ We created ‘Airtel Touching Lives’ for this purpose to offer relief and hope to the underprivileged and downtrodden and also to reimagine and inspire the strong and wealthy to support the weak and the poor”.
Segun Ogunsanya who hinted that he has been elevated to Chair Airtel Africa urged the general public to be part of the initiative by nominating projects, persons and communities that require support.
Assuring its target publics of the authenticity and transparency of the entire process of selection, the Head, Corporate Communications & Corporate Social Responsibility, Airtel Nigeria, Emeka Oparah said: “ When we get these nominations, we look at them on the face value and find the stories that are most striking and we send people to go to those people and those locations to verify. We have different levels of verification and in the last five years of doing this, we have never had anyone successfully scammed us”.
Members of the public can nominate individuals or projects in their communities by dialing 367 or by sending an SMS to the Shortcode, 367. You can also send an e-mail to email@example.com
Nokia Launches Next-generation AirScale 5G Portfolio Powered by ReefShark Technology
Nokia today announced the global launch of its latest range of industry-leading AirScale 5G products covering baseband, remote radio heads, and massive MIMO active antennas with digital beamforming. The innovative solutions are powered by the latest generation of Nokia’s ReefShark System-on-Chip (SoC) chipsets and deliver the highest capacity and network performance while enabling efficient deployments and operation. The rollout of the new products is already underway.
Nokia introduces its new generation of ReefShark-powered AirScale massive MIMO antennas with both 32TRX and 64TRX products, as well as 8T8R remote radio head solutions. The 32TRX is the industry’s lightest, at 17kg, simplifying and speeding up site deployments. Notably, this low weight is achieved at the same time as supporting high radio frequency bandwidth (200 MHz occupied bandwidth and 400 MHz instantaneous bandwidth) and delivering high radio frequency power output, without compromise. Both the new 32TRX and the new 64TRX massive MIMO antennas support both fragmented spectrum and network sharing cases.
Nokia also introduces its new SoC-based baseband plug-in cards to boost the capacity of the AirScale System Module. The new ReefShark-powered plug-in cards deliver up to eight times more throughput and serve up to eight times more cells compared to previous generations. They are easily installed and simplify the upgrade and extended operation of all AirScale deployments. Nokia’s baseband module can support 90,000 connected users simultaneously and has 84 Gbps throughput. The highly efficient ReefShark powered plug-in cards also reduce power consumption by up to 75 percent. Nokia’s modular AirScale baseband enables mobile operators to scale capacity flexibly and efficiently and as their 5G business evolves.
Nokia Single RAN software now includes 5G, accelerating 5G rollouts and cutting overall radio access network TCO (Total Cost of Ownership), by unlocking network efficiencies with common transport, common operability, common software delivery, and increased hardware sharing. The combination of Nokia’s Single RAN software and the new baseband plug-in cards offer multi-mode (2G, 3G, 4G, 5G) and multi-band and supports the latest fronthaul interfaces (eCPRI) on a single baseband platform, simplifying the network and lowering costs.
Nokia’s AirScale baseband architecture is designed to be future-proof and support the increasing demands for wireless traffic. By keeping the L1 and L2 (Layer 1 and Layer 2) computing separate from L3 (Layer 3) and Transport baseband plug-in units, capacity can be added when and where it is needed in the network. Network modernization can be simply achieved either by software upgrade or by adding new plug-in units into the existing baseband.
Nokia’s ReefShark chipsets will also play a critical role in future Artificial Intelligence (AI) and Machine Learning (ML) capabilities. Nokia has already introduced AI/ML features in areas such as predictive load balancing, anomaly detection, and intelligent traffic steering. All Nokia ReefShark platforms are AI/ML ready and Nokia is carrying out proof of concepts with customers this year in innovative areas such as Massive MIMO beam pattern optimization, energy-saving, advanced traffic steering, advanced packet scheduling, and alarm pattern discovery.
Patrick Filkins, Senior Research Analyst, IoT and Mobile Network Infrastructure, IDC, commented: “5G networks are absolutely critical for improving network capacity and performance, particularly when higher bandwidth is in demand. Nokia’s new portfolio addresses these concerns by enabling mobile operators to flexibly scale capacity while helping to smoothly transition to 5G from existing technologies easily and cost-effectively. The integration of Nokia’s ReefShark SoCs across both radio and baseband boosts performance and capacity and the new massive MIMO antennas set a new benchmark for low weight without compromising on performance. These solutions will help mobile operators to address the increasingly dynamic mobile services space that urgently requires more capacity.”
Tommi Uitto, President of Mobile Networks, Nokia, said: “Our new generation of ReefShark-powered AirScale radio and baseband products is evidence of the successful transformation of our business and ability to deliver market-leading products to our global customers. Nokia’s new portfolio enables communication service providers to offer both consumer and enterprise customers with cutting-edge 5G experiences with premium speeds, capacity, and connectivity underpinned by seamless, simple, and efficient ‘plug-in’ deployment. Our new AirScale products are O-RAN ready. They consume less energy and highlight our commitment to climate change. We’re excited to see our customers deploying these products and see the transformative impact of 5G technology.”
Global Credit Ratings (GCR) Assigned MTN Nigeria Highest Possible Credit Ratings
MTN Nigeria Communications Plc has been assigned the highest credit ratings of AAA by Global Credit Ratings (GCR).
GCR affirmed MTN Nigeria’s national scale short-term rating of A1+, with a stable outlook.
Also, GCR upgraded the national scale long-term rating of the recently concluded N110 billion Series 1 Senior Unsecured Bond to AAA with a stable outlook.
These represent the highest possible long-term and short-term ratings on GCR’s national rating scale, and MTN Nigeria is the first mobile network operator in Africa to be accorded such ratings by GCR.
According to GCR, “the ratings accorded to MTN Nigeria reflect its very strong competitive position as the leading provider of telecommunications services in Nigeria, as well as its strong earnings and cash flow which has supported a robust financial profile.”
Commenting on the rating, Karl Toriola, Chief Executive Officer, MTN Nigeria, said, “We are delighted with the outcome of the GCR rating. This demonstrates the resilience of our business and positions MTN Nigeria as the benchmark of reference for the information and communications technology sector for long-dated, fixed-term instruments. As we continue to invest in our network and strengthen our risk management processes, we remain focused on sustaining and accelerating growth in line with our Ambition 2025 strategy“.
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