Etisalat to invest USD400m in 2013, targets 20m subs

22 Nov 2012

Etisalat Nigeria, the country’s fourth largest mobile operator by subscribers, plans to spend over USD400 million on the expansion of its wireless network next year, local newspaper The Guardian cites the operator’s CEO Steve Evans as saying. Rollout of Etisalat’s 2G network will focus on unserved rural areas of the country, while 3G services will be expanded in urban centres, Evans noted. The cellco also aims to increase its active subscriber base from 14.39 million (as at end-September 2012) to around 20 million by the end of next year. Etisalat Nigeria, which is part-owned by United Arab Emirates incumbent Etisalat, has invested around USD2.4 billion since the cellco began operating in 2008.