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Telecommunications: Nigerian operators inject 1 billion dollars into the modernization of their network

07/05/2025
Source : ORISHAS FINANCE
Categories: Sectors

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Les Nigerian telecom operators are injecting $1 billion into modernizing aging network infrastructure. According to the leaders, this measure will boost the country's economy and connectivity in a market of 160 million subscribers

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L' investissement et les dépenses d' investissement de 202,4 milliards de nairas de MTN Nigeria for the first quarter of 2025, reports robust capital spending to fill coverage gaps and growing data demand, according to industry leaders. According to the Nigerian Communications Commission, operators have already ordered network equipment from Chinese manufacturers worth $1 billion, doubling last year's expenses. This equipment has yet to be shipped and deployed in the country. This development follows a 50% tariff increase decided by the telecommunications regulator to compensate for soaring operating costs. The impact of this tariff adjustment, the first in 11 years, will be felt mainly in the second quarter of 2025.

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