MTN Plans $3 Billion Worth of Network Upgrades in Nigeria
Published on: 16th May 2014
Note -- this news article is more than a year old.
MTN has outlined plans to spend USD3 billion on network upgrades in Nigeria to improve the quality of the network and expand its reach.
The investment is to be phased in over a three year period, South Africa's Business Day newspaper reported.
"We will continue to invest at this rate in the medium term and make sure the overall quality of service in acceptable," the paper quoted Chief Executive Sifiso Dabengwa as saying.
MTN, and most of the Nigerian mobile networks have been critisised for poor quality of service and signing up customers to networks that cannot cope with the demnad.
For their part, the mobile networks counter that irregular local regulations and a lack of police interest in clamping down on theft is the main cause of problems.
The telecoms regulator has often fined the networks for missing QoS standards, but has sounded more conciliatory in recent months, and been applying pressure of its own on State governments to improve facilities for the mobile networks.
MTN has just over 57 million customers in Nigeria, and a market share of nearly 50 percent.
On the web: BDLive