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Facebook sets to connect 1billion people

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Facebook sets to connect 1billion people
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Facebook sets to connect 1billion people

Social media platform, Facebook, said it is eyeing the next one billion people to empower them through the power of connectivity.

To achieve this, the US firm said it has unveiled new connectivity technologies that will make it happen and enhance existing infrastructure projects.

Since 2013, Facebook Connectivity has helped bring more than 500 million people online to a faster internet and now aims to enable affordable, high-quality connectivity for the next billion people with emerging technologies.

Vice President of Facebook Connectivity, Dan Rabinovitsj, during a virtual media interaction, said: “We have seen that economies flourish when there is widely accessible internet for individuals and businesses. In Nigeria, increased broadband connectivity resulted in a 7.8 per cent increase in the likelihood of employment for people in areas connected to fiber optic cables. While increased connectivity led to a 19 per cent increase in GDP per capita in the Democratic Republic of Congo. Facebook Connectivity works with partners to develop new technologies for access to high speed internet. Today we’re sharing the latest developments on some of these connectivity technologies, which aim to deliver major improvements in internet capacity across the world by sea, land, and air.”

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According to him, some of Facebook’s new connectivity technologies include investment in improving subsea fiber optic cables and expanding their reach to better connect more people. He said Facebook and its partners recently launched the first-ever transatlantic, 24 fiber pair subsea cable system which will connect Europe to the U.S. This new cable provides 200 times more capacity than the transatlantic cables of the 2000s and builds on Facebook’s recent news about 2Africa Pearls, the subsea cable which connects Africa, Asia, and Europe and makes the 2Africa cable system the longest in the world, with a capacity to provide connectivity for up to three billion people.

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Facebook sets to connect 1billion people

“We are making fiber deployment significantly more economical through Bombyx, a robot that can climb the medium voltage power lines that already exist in so much of the world, and install fiber onto them. Today, Bombyx is lighter, faster, and more agile than our first generation design. We are also making Bombyx fully autonomous, using machine vision sensors to better navigate around obstacles. Bombyx aims to make the single biggest drop in the cost of terrestrial fiber deployment by combining innovations in the fields of robotics and fiber-optic cable design to increase the amount of terrestrial fiber on land — without the expense of trenching to lay fiber underground.

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“Fiber connections through the air- Terragraph, a wireless solution which beams fiber-like connectivity through the air, has already brought high-speed internet to more than 6,500 homes in Anchorage, Alaska and deployment has started in Perth, Australia. We license Terragraph for free to original equipment manufacturers (OEMs). To date, these partners have shipped more than 30,000 Terragraph units to more than 100 service providers and system integrators around the world,” Rabinovitsj explained.

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Just In: President Buhari Unveils E-Naira

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Just In: President Buhari Unveils E-Naira
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Just In: President Buhari Unveils E-Naira

President Muhammadu Buhari on Monday unveiled the e-Naira.

Buhari launched the country’s digital currency at the Presidential Villa, Abuja.

The event had in attendance the Vice President, Yemi Osibanjo; Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele; Attorney General of the Federation, Abubakar Malami; among others.

Akelicious recalls that the digital currency was billed to be unveiled on October 1 but was shifted due to activities on Independence Day.

The country’s apex bank had said the e-Naira is a culmination of several years of research work in advancing the boundaries of payments system in order to make financial transactions easier.

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CBN noted that the launch of the digital currency is a major step forward in the evolution of money.

The bank vowed to ensure that the e-Naira, like the physical Naira, is accessible by everyone.

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Buhari To Unveil eNaira On Monday 25 October 2021

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Buhari To Unveil eNaira On Monday 25 October 2021
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Buhari To Unveil eNaira On Monday 25 October 2021

President Muhammadu Buhari is scheduled to formally unveil the Nigerian Central Bank Digital Currency (CBDC), known as the eNaira, on Monday 25 October 2021, at the State House, Abuja, IgbereTV reports.

A letter from the Central Bank of Nigeria, signed by its Director, Corporate Communications, Osita Nwanisobi, stated that the digital currency will be launched with the theme, “Same Naira, more possibilities” and is aimed at “advancing the boundaries of payments in order to make transactions easy and seamless for every strata of the society.”

ANNOUNCEMENT:

President Muhammadu Buhari will unveil the eNaira, the Nigeria’s digital currency on Monday at the State House, Abuja.

Buhari To Unveil eNaira On Monday 25 October 2021

Buhari To Unveil eNaira On Monday 25 October 2021

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MTN Nigeria Compensates Subscribers For Network Downtime

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MTN Nigeria Compensates Subscribers For Network Downtime
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MTN Nigeria Compensates Subscribers For Network Downtime

MTN Nigeria Communications Plc has announced compensation for its subscribers to make up for the network disruptions experienced last Saturday.

On Saturday, 9th October 2021, MTN Nigeria users witnessed hours of network disruption caused by an outage that left customers without a connection.

Olutokun Toriola, Chief Executive Officer, MTN Nigeria, apologised again to customers for the inconvenience, stating that new measures were being implemented to mitigate a repeat of such an event.

“On behalf of the entire MTN team, I want to start with a heartfelt apology. We are truly sorry for the disruption this caused for so many in our MTN family. We know that millions of people rely on us to stay connected to their loved ones, to manage their businesses, to coordinate their lives. We take that responsibility, and privilege, very seriously. That’s why we are putting new measures in place to make sure we never experience anything like last Saturday again,” said Toriola.

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On the cause of the outage, the CEO stated that it was due to an error that shifted all 4G customers onto the 3G band and impacted the whole network, adding that the technical teams were able to rectify the problem.

MTN Nigeria Compensates Subscribers For Network Downtime

“Our technical teams have traced the cause of the problem to an error that shifted all our 4G customers onto the 3G band. This overloaded the 3G band, causing a domino effect that impacted the whole network.

“Our engineers were able to resolve the problem. I know that recently other technology companies have suffered outages. I want to reassure you that last Saturday’s event is in no way connected to those. This wasn’t sabotaged, it was a regrettable error.’’

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Beyond extending time-bound subscriptions for its customers and as a way to further compensate its customers, the telecom giant said that customers on the MTN network have received a refund for the data and airtime that they used between 12noon and 7pm on Saturday, 16th October 2021.

“While we can’t give you back the time you lost last Saturday, we can give you back what you spent yesterday. Every customer on the MTN network has received a refund for the data and airtime that they used between 10 am and 3 pm yesterday. We hope it shows how much we value our customers.

“You truly are our most important focus. We all have challenges, each and every one of us – young or old, personally or professionally. What matters is how we respond. With you by our side, we will continue to improve and grow. Thank you for all your support. Thank you for walking with us over the last 20 years. We look forward to the next 20 and more with you,” Toriola stated.

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