MTN to spend USD1.5bn on network this year

8 Mar 2013

MTN Nigeria, the local unit of South African telecoms company MTN Group, plans to invest USD1.5 billion this year to improve and expand its 2G and 3G mobile network infrastructure. Nigerian newspaper Daily Trust quotes MTN’s Corporate Services Executive, Adewale Goodluck, as saying that around 5,000 2G base stations will be rolled out in 2013, while a further 4,000 3G base stations are planned to be installed. TeleGeography’s GlobalComms Database notes that MTN is Nigeria’s largest mobile operator by subscribers, with a total of 47.44 million wireless customers at the end of December 2012, representing a market share of 42.1%, well ahead of second-placed Globacom with 21.4%.

Nigeria, MTN Nigeria