MTN to spend USD 3 bln on upgrades in Nigeria over 3 years

Monday 19 May 2014 | 11:10 CET | News
MTN Group will spend more than USD 3 billion to upgrade and expand the infrastructure of its operations in Nigeria over the next three years. CEO Sifiso Dabengwa said it will continue to invest at this rate in the medium term, and make sure the overall quality of service is acceptable. Dabengwa acknowledged that MTN has challenges with quality of service, driven by the high demand in Nigeria. In the first quarter of this year the Nigerian regulator banned three of the country's four mobile phone companies, including MTN, from selling SIM cards for a month, BDLive reported.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: MTN / MTN Nigeria / NCC
Countries: Nigeria
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


MTN confirms USD 5.2 bln fine in Nigeria

Published 26 Oct 2015 16:30 CET | Nigeria
MTN Group has confirmed that the Nigerian Communications Commission (NCC) has imposed a fine equivalent to USD 5.2 billion on its ...

MTN Group H1 revenue up 11% to ZAR 73 bln

Published 07 Aug 2014 09:36 CET | Africa
MTN Group posted a 10.7 percent increase in revenue for the first half to ZAR 72.76 billion, as growth in smaller countries ...

NCC starts accepting bids for Lagos fibre deployment

Published 12 Jun 2014 13:08 CET | Nigeria
The Nigerian Communication Commission (NCC) has opened the bidding process for the licensing of infrastructure companies to ...

MTN Nigeria disowns CFO's comments on naira devaluation

Published 12 May 2014 11:03 CET | Nigeria
MTN Nigeria has clarified its position on the reported call for the devaluation of the naira by its outgoing CFO Andrew Bing, ...

MTN Nigeria begins tower sale process

Published 07 May 2014 11:07 CET | Nigeria
MTN Nigeria has announced that a bidding process is under way for the sale of its 11,000 telecoms towers valued at USD 1 billion. ...

MTN Nigeria customer base grows to 57.2 mln

Published 24 Apr 2014 12:01 CET | Nigeria
MTN Nigeria grew its subscriber base by 0.8 percent in the first quarter to 57.224 million, while the operator's market share ...

MTN subscriber growth slows to 1.1% in Q1

Published 24 Apr 2014 11:33 CET | Africa
MTN Group said it had signed up 210.07 million subscribers in 22 countries across Africa and the Middle East at the end of March, ...

Calendar   /   Industry Events

26 Feb Deutsche Telekom Q4 2020
26 Feb Tecnotree Q4 2020
26 Feb Proximus Q4 2020
26 Feb OTE Q4 2020 2020
26 Feb HTHK FY results
26 Feb Megacable Q4
01 Mar Inseego Q4
01 Mar Ooma Q4
01 Mar Liberty LatAm Q4 results
01 Mar Switch Q4 2020
01 Mar Boingo Q4
01 Mar Zoom Video Communications Q4
01 Mar TIM Brasil investors day
01 Mar Embedded World Digital
02 Mar FuboTV Q4 2020
02 Mar HPE fiscal Q1
03 Mar Marvell Technology fiscal Q4
03 Mar Vivendi Q4 2020
03 Mar Avast FY results
04 Mar Inwit Q4 2020
04 Mar Broadcom fiscal Q1
04 Mar MTS Q4 2020
04 Mar Ciena fiscal Q1
05 Mar Vonage Investor Day
::: More Calendar Items