The year 2022 is now locked up in the history books, but its impacts on the technology world will not be easily forgotten.
Elon Musk’s acquisition of Twitter in October after an initial pullback from the deal dominated the tech news globally. He was compelled by the court to honour the deal, and he eventually bought the microblogging and social networking platform for $44bn. Also, in the short time that he has been Twitter’s chief executive officer, he has served some memorable content to the watching world.
Tech firms such as Meta, Twitter, and Amazon headlined these layoffs. Nigerian firms were not isolated from the global reality of the tech sector. The report which monitors deals over $100,000, disclosed that despite having a great first half of the year, which spilt into the second half, things were quiet on the investment front in November. It stated that start-ups must raise $534m in December to beat the amount raised in 2021.
While nothing was done in this regard, telcos were allowed to increase the price of some of their Internet bundles later in the year by the NCC. MTN Nigeria Communications Plc and Airtel Nigeria subsequently increased prices for their internet data services by about 10 per cent. There was an increase in the number of cyber threat advisories issued by the NCC through its Computer Security Incident Response Team in 2022. The commission issued over 10 alerts in the year from banking detail stealing malware to carjacking malware.
Also, the country was one of the few African countries that successfully launched 5G with MTN and Mafab Communications winning the bids of the first auction of 5G spectrums. In August MTN did a pilot launch of 5G in Lagos and announced plans to roll out service in Abuja, Port Harcourt, Ibadan, Kano, Owerri, and Maiduguri.
Commenting on the launch of 5G in the region, GSMA, the global association for telco, said, “5G-related activities are beginning to pick up across the region.
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