National Wire About Nigerians, Nigerian Business and Other Stories
Telecom Industry Suffers $3bn Revenue Loss To, Call Masking, Simboxing- NCC
The Nigerian Communications Commission (NCC) yesterday disclosed that simbox or Interconnect Bypass Fraud (IBF) is one of the most prevalent fraud in the Telecom Industry today and estimated to be costing the industry about $3 billion in lost revenue. Call masking/refiling is basically when an international call is terminated in Nigeria as a local number. The perpetrators have ulterior motive …
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