Our customer support team is here to answer your questions. Ask us anything!
Chat with us on WhatsApp
Written By: Flipbz.org
MTN Nigeria has announced a N1 trillion investment in capital expenditure to enhance its network infrastructure, aiming to improve service quality, expand 4G and 5G capabilities, and broaden coverage across the country.
Karl Toriola, Chief Executive Officer of MTN Nigeria, revealed the ambitious plan during a visit from the MTN Media Innovation Programme (MIP) cohort of four fellows at the company’s headquarters. He emphasized that the investment will significantly elevate call and data service quality for customers.
“This N1 trillion commitment is focused on upgrading our network, with the majority of our radio network rollouts already completed and more in progress,” Toriola stated. As Vice President of MTN’s Francophone Africa operations, he also highlighted an expanded infrastructure-sharing agreement with Airtel Group and 9mobile (now T2). This collaboration aims to reduce costs and accelerate network coverage, particularly in underserved areas, by allowing operators to share towers and fibre infrastructure.
“For 9mobile, this means avoiding the need to invest $2 billion in a nationwide network. They only pay for what they use,” Toriola explained.
The CEO noted that the success of future expansions hinges on supportive government policies, particularly regarding right-of-way charges for fibre optic cables. States adopting zero-rate fees for these charges enable faster infrastructure growth, which Toriola described as crucial for delivering gigabit-speed internet to homes within the next five to ten years. “Fibre is the backbone for artificial intelligence and the growing data demands of the future,” he added.
Beyond network improvements, Toriola underscored MTN’s commitment to sustainability, including achieving gender balance, reaching net-zero carbon emissions by 2050, and supporting community development. The company allocates one percent of its post-tax profits to initiatives in health, education, and women’s empowerment, with employees contributing 21 days annually to community volunteering.
Toriola also highlighted the broader role of Nigeria’s ICT sector, which aims to contribute 21 percent to the nation’s GDP by 2027. He stressed that achieving this target requires consistent policies, investor confidence, and flexible tariffs to address rising operational costs.
Through its substantial investment, strategic partnerships, and focus on sustainability, MTN Nigeria is positioning itself to deliver faster, more reliable connectivity while driving digital and economic progress nationwide.
Please register to comment.
With these components in place, your business...
Open the Listing model file located in the ap...
Discover promising partnership opportunities in various industries.
Pitch Your Startup | Find Partners
Comments