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Verizon and AT&T to delay 5G roll out near some airports in the US after catastrophic disruption warning

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Verizon 5G

In the latest development, Verizon and AT&T will limit their 5G service around some airports after the chief executives of America’s largest airlines warned of a “catastrophic disruption” from this week’s rollout.

According to the airlines, the new C-Band 5G service could render a significant number of widebody aircraft unusable, adds Reuter.

“Unless our major hubs are cleared to fly, the vast majority of the traveling and the shipping public will essentially be grounded,” wrote the chief executives of American Airlines, Delta Air Lines, United Airlines, Southwest Airlines, and others in a letter first reported by Reuters.

The FAA (Federal Aviation Administration) has warned that network interference could affect sensitive instruments in an airplane, including altimeters, and significantly hamper low-visibility operations.

“This means that on a day like yesterday, more than 1,100 flights and 100,000 passengers would be subjected to cancellations, diversions, or delays,” the letter cautioned.

“With the proposed restrictions at selected airports, the transportation industry is preparing for some service disruption. We are optimistic that we can work across industries and with the government to finalize solutions that safely mitigate as many schedule impacts as possible,” plane maker Boeing, said on Monday.

As a result, telecommunications carriers have offered to voluntarily delay 5G deployment by two weeks and to restrict their own antenna operations in areas close to key airports where interference could lead to significant disruptions.

The FAA, working with the aviation community and wireless companies, established buffer zones around 50 airports with wireless transmitters in close proximity to the runways.

Verizon in their official website mentioned,

As the nation’s leading wireless provider, we have voluntarily decided to limit our 5G network around airports. The Federal Aviation Administration (FAA) and our nation’s airlines have not been able to fully resolve navigating 5G around airports, despite it being safe and fully operational in more than 40 other countries. Thanks to the best team in the industry for delivering this technology which promises a revolutionary next step in wireless communications, including tremendous benefits for our nation.

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NPower Batch C Stream 2 Can Now Proceed for Biometric Capturing

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N Power batch c stream 2

Late in February, it was rumored that Batch C stream 2 Npower applicants should check if they’ve been shortlisted for biometric verification, but FG debug the news as false. Now, the Federal government has officially announced that Npower Batch C stream 2 should proceed with biometric capturing. 

Given the above, Npower Applicants are advised to kindly check the NASIMS portal or dial the NSIP self-service code *45665# to check their application status and follow the instructions for biometric capturing.

npower batch c

How to Check Npower Application Status for Biometrics

  • Visit the Self-service portal via https://nasims.gov.ng or dial the code *45665# to check your application status.

Note: If you have already done your biometrics fingerprint capturing, kindly check your verification status on the Nasim portal to see that it was properly captured. If it was done successfully, you will see the fingerprint captured  icon at the end of your verification page on NASIMS. If you see the icon “capture fingerprint” then it means that your fingerprint is yet to be captured.

The N-Power program is built to address the issue of youth unemployment and help increase social development. The Program is designed to target Nigerians between the ages of 18 and 35 “to acquire and develop life-long skills for becoming change-makers in their communities.

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MTN Nigeria Rewards Shareholders with N174.53bn Dividend

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mtn rebrand

The MTN Nigeria has set aside N174.53 billion as dividend to its shareholders whose names appeared in the Company’s Register of Members at the close of business on Wednesday, April 6, 2022, which translates to N8.57 Kobo per every two kobo ordinary share.

This would bring the total dividend for the year that ended on December 31, 2021 to N13.12 per share, subject to withholding tax.

MTN Dividend

The MTN Nigeria also announced that its initial 575 million share unit’s offer was exceeded with an over-subscription rate of 139.47 per cent, and   in order to manage the over subscription, it added 86.25 million share units to the initial share units.

It said: “In all, 661.25 million units of MTN Nigeria shares were allotted and a total of 126,720 retail investors submitted valid applications and received full allotment. Other institutional investors such as pension funds, insurance companies, asset managers, corporates, and foreign portfolio investors who participated in the book build were allotted 72.09 per cent of their applications. 

“This includes Nigerian pension funds representing approximately 6.5 million Nigerian contributors. Nigerian investors across the country supported the offer through multiple channels such as Receiving Agents, Issuing Houses and Primary Offer, that is the digital application platform. 

“More than 89 per cent of retail offer subscribers applied through the Primary Offer platform (via mobile and web).

“In addition, 114,938 new Central Securities Clearing System (CSCS) accounts were opened by first-time investors. It was estimated that 76 per cent of the successful subscribers to the public share offer via the digital platform are women, while 85 per cent of these are below the age of 40.” 

Speaking on the opportunity that the public share offers to Nigerians, The Chairman of MTN Nigeria, Mr. Ernest Ndukwe, said: “There was no better way for us to commemorate our 20th anniversary than by giving more Nigerians the opportunity to participate in our future success, in line with our Ambition 2025 commitment to shared value. 

“To do this, we launched an offer for the sale of 575 million shares held by the MTN Group in MTN Nigeria Communications Plc in November 2021. It also leveraged an innovative digital platform to maximise participation, while many of Nigeria’s institutional investors also participated in the bookbuild phase of the offer.”

 The incentives for all investors include one free share for every 20 purchased, subject to a maximum of 250 free shares per investor. Also, an additional 4.28 million MTN Nigeria shares would be allotted to qualifying investors who hold the shares allotted to them for 12 months till January 31, 2023.

“We are delighted to welcome so many new shareholders to the MTN family, up 11.6 times from the number before the offer.  It has been inspiring to see so many Nigerians, many of whom are young, acquire shares for the first time, and use a digital platform to do so.’’  

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