Celtel Nigeria and Nokia ink expansion deal

11 Oct 2007

Cellco Celtel Nigeria, owned by Kuwait’s Zain Group, and European vendor Nokia Siemens Networks (NSN) have signed a USD130 million deal for network expansion nationwide. The project will see NSN installing 4,000km of fibre-optic backbone and microwave transmission equipment enabling Celtel to offer next-generation IP-based services. According to TeleGeography’s GlobalComms database, Celtel, formerly Econet, Vee Networks and V-Mobile, ended June 2007 with just under eight million subscribers, placing it third in the market with a 25% share.

Nigeria, Airtel Nigeria