MTN Nigeria to inject $1.5bn into broadband expansion plans

MTN Nigeria to inject $1.5bn into broadband expansion plans

MTN Nigeria to inject $1.5bn into broadband expansion plans   Plans to sell 14% stakes to Nigerian investors   Telecommunications giant, MTN Nigeria plans to invest N640 billion, or $1.5 billion over the next three years to expand the country’s broadband access. The move is in line with the Nigerian government’s 2020 to 2025 National Broadband Plan ambitions of 90 per cent broadband population coverage by 2025 and MTN Group’s Ambition 2025 strategy. The group also plans to build a new flagship headquarters in Lagos to mark the twentieth anniversary…

Read more

Pantami lists 11 progress areas on 70% broadband target

70% broadband target

Pantami lists 11 progress areas on 70% broadband target     As the target to achieve at least 70 per cent broadband penetration in Nigeria remains a priority to stakeholders in the country, Isa Pantami, the minister of communications and digital economy has reveased 11 areas of progress recorded so far. The Minister made the revelation while delivering his keynote address at the Virtual Structured Engagement with Key Stakeholders in the Nigerian Telecom & ICT Sector on the New National Broadband Plan 2020 – 2025 held on Thursday by the…

Read more