Business
MTN Invests $1.8b in Telecoms Infrastructure in Nigeria
Investigation by National Daily has revealed that over $1.8 billion has been invested in building mobile telecommunications infrastructure in the country, MTN Nigeria has revealed.
The top telecom giant in Africa made this disclosure on its ‘About MTN’ page on its official online platform, www.mtnonline.com.
In January 2001, MTN said it paid about $285 million to the Nigerian government for one of four GSM licenses in the country.
On May 16, 2001, the company became the first GSM network in Nigeria to make a call following the globally lauded Nigerian GSM auction conducted by the Nigerian Communications Commission (NCC) earlier in the year.
Thereafter the company launched full commercial operations beginning with Lagos, Abuja and Port Harcourt.
Since then, MTN Nigeria has spread to almost every nooks and crannies of the nation, becoming the largest network in the country.
National Daily gathered that MTN Nigeria said it now provides services in 223 cities and towns, more than 10,000 villages and communities and a growing number of highways across the country, spanning the 36 states of the Nigeria and the Federal Capital Territory, Abuja.
It said many of these villages and communities are being connected to the world of telecommunications for the first time ever.
The company’s digital microwave transmission backbone, the 3,400 Kilometre Y’elloBahn was commissioned by President Olusegun Obasanjo in January 2003 and is reputed to be the most extensive digital microwave transmission infrastructure in all of Africa. The Y’elloBahn has significantly helped to enhance call quality on MTN network.
The company subsists on the core brand values of leadership, relationship, integrity, innovation and can-do. It prides itself on its ability to make the impossible possible, connecting people with friends, family and opportunities.
MTN Nigeria also recently expanded its network capacity to include a new numbering range with the prefix 0806, making MTN the first GSM network in Nigeria to have adopted an additional numbering system, having exhausted its initial subscriber numbering range – 0803.
In its resolve to enhance quality customer service, MTN Nigeria has also introduced a self-help toll-free 181 customer-care line through which subscribers can resolve their frequently asked questions free of charge.
MTN’s overriding mission is to be a catalyst for Nigeria’s economic growth and development, helping to unleash Nigeria’s strong developmental potential not only through the provision of world class communications but also through innovative and sustainable corporate social responsibility initiatives.
MTN Nigeria presently plans to list a part of its shares on the Nigerian Stock Exchange (NSE). The exercise is expected to be done before the end of this year.