MTN Nigeria, the country’s largest mobile network operator, has secured a significant deal to lease additional spectrum from NTEL, Nigeria’s first 4G/LTE network provider. The agreement, worth N4.25 billion, will enable MTN to expand its 3G and 4G coverage across 19 Nigerian states.
Background
The Nigerian telecommunications industry has experienced rapid growth in recent years, driven by increasing demand for mobile broadband services. However, the lack of sufficient spectrum allocation has hindered the development of 3G and 4G networks, particularly in rural areas.
MTN Nigeria’s Ambition 2025 strategy aims to address this challenge by improving user experience, expanding spectrum holdings, and enhancing network quality. The company has been actively pursuing opportunities to acquire additional spectrum, and the NTEL deal represents a significant milestone in this endeavor.
Key Benefits of the Deal
The spectrum lease extension with NTEL will provide MTN Nigeria with several benefits:
1. Improved 3G and 4G Coverage: The additional spectrum will enable MTN to enhance its 3G and 4G services, providing better coverage and capacity for its subscribers.
2. Increased Network Capacity: The deal will allow MTN to increase its network capacity, reducing congestion and improving overall network performance.
3. Enhanced User Experience: By expanding its 3G and 4G coverage, MTN Nigeria can deliver a better user experience for its subscribers, enabling them to access faster and more reliable mobile broadband services.
4. Rural Area Coverage: The renewed 3G license for 15 years ensures that subscribers in rural areas can continue to access the internet on their 3G devices, bridging the digital divide.
Conclusion
MTN Nigeria’s spectrum lease extension with NTEL represents a significant step forward in the company’s efforts to improve its network quality and expand its 3G and 4G coverage. The deal is expected to have a positive impact on the Nigerian telecommunications industry, enabling MTN to deliver better services to its subscribers and supporting the country’s digital transformation agenda.
Source: Businessday
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