MTN Nigeria has said it will prioritise the expansion of the 4G network with an estimated N600 billion on technical infrastructure over the next three years as it looks to increase 4G network across the country from the existing 40% coverage.
Speaking at the company’s first public Annual General Meeting, Ferdi Moolman, CEO, MTN Nigeria said due to the nature of its business, MTN Nigeria is committed to innovating new technology and delivering the best customer experience and coverage across the country and a minimum of 4G network service across all locations.
“Cash collateralized Letters of Credit, Forwards contracts, and favourable credit rating with major partners and vendors will make funding relatively easy for us, but we will also be cautious in our approach to limit foreign currency exposure.”
Presently, the company’s 4G network covers approximately 40% of its coverage locations which translates to about 65 million data customers. A significant amount of investment would be made to not just extend the 4G network but to also cover more rural locations in Nigeria.
Source: https://www.blueprint.ng/mtn-nigeria-focuses-on-4g-expansion-customer-service/