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Electronic communication: 65 billion CFA francs mobilized by Mtn Benin with the deployment of 5G technology

31/07/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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An agreement has been signed between the leader in mobile telephony, Mtn Benin, and the financial institutions Atlantic Bank and West African Development Bank (Boad). It relates to the partial financing of the project to modernize and extend the mobile electronic communication network with the deployment of 5G technology.

The agreement, which was signed last Monday by Mtn Benin, Banque Atlantique and the West African Development Bank, will revolutionize the service offer of the leader in mobile telephony in Benin. 65 billion CFA francs has been mobilized for the modernization and development project. Expansion of the mobile electronic communication network with the deployment of 5G technology by Mtn Benin. According to Uche Ofodile, CEO of Mtn Benin, this ambitious project will enable the improvement of the customer experience and the extension of the network; the deployment of new technologies including 5G; the upgrading of existing systems to streamline processes and

improve productivity.

According to Ahmed N'Daw, CEO of Banque Atlantique Bénin, “this mobilization of 65 billion CFA francs is a tangible proof of our support for the ambitions of Mtn Benin. It will allow the operator to strengthen its network and deploy 5G throughout the national territory, thus paving the way for a new era of connectivity, offering Beninese next-generation digital services that are faster and more efficient.”

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