• Latest
  • Trending
  • All
Telco Giants – Airtel, MTN Sign New Deal For Nigeria, Uganda

MTN, Airtel Invest N202.4b, $670m In First Quarter

May 19, 2025
IGP Appoints DSP Babaseyi Oluseyi as New PPRO Ogun State Police Command

IGP Appoints DSP Babaseyi Oluseyi as New PPRO Ogun State Police Command

December 4, 2025
Gunshots, Frame-Ups, Extortion: Lagos Community Accuses Police Officer of Terrorising Residents

Gunshots, Frame-Ups, Extortion: Lagos Community Accuses Police Officer of Terrorising Residents

December 3, 2025
Pinnick Bullish On Nigeria’s Prospects For 2026 World Cup Qualification

Boniface, Aina, Iheanacho Return As Chelle Unveils Nigeria’s Provisional AFCON Squad

December 2, 2025
Seven Killed As Troops Engage Boko Haram/ISWAP Terrorists In Borno

Army Raids, Smashes Terror Networks Nationwide

December 2, 2025
Abia Govt Sacks Civil Servants Over Salary Fraud

Gunmen Attack Governor Otti’s Advance Team In Imo

December 2, 2025
Adebayo Adedamola Emerges PDP’s Osun Guber Candidate

Adebayo Adedamola Emerges PDP’s Osun Guber Candidate

December 2, 2025
Davido Reacts To Adeleke Resignation From PDP Amid Party Crisis

Davido Reacts To Adeleke Resignation From PDP Amid Party Crisis

December 2, 2025
Femi Adebayo Defends Odunlade Adekola’s ‘Warlord’ Amid Online Criticism

Femi Adebayo Defends Odunlade Adekola’s ‘Warlord’ Amid Online Criticism

December 2, 2025
Sowore slams Tinubu’s Electoral Reforms, Urges Nigerians To Take Action Before Next Elections

Alleged Cybercrime: Court Grants Sowore Bail, Bars Him From Inciting Public Against Tinubu

December 2, 2025
Gov.Adeleke Presents N705.794bn 2026 Budget

Governor Ademola Adeleke Resigns From PDP

December 2, 2025
Police Arrest Most Wanted Hired killer In Lagos

Enugu Police Arrest Man For Alleged Murder Of 19-Year-Old Cousin

December 2, 2025
Why Court Ordered Senate To Recall Natasha

Court Grants FG’s Request To Shift Natasha’s Trial To 2026

December 1, 2025
Gov.Adeleke Presents N705.794bn 2026 Budget

Omisore, Alabi Tackle Adeleke, Say ‘Osun Doesn’t Deserve A Dancing Governor’

December 1, 2025

French Court Jails Mayor Over Sex Tape Blackmail Plot

December 1, 2025
OfadaBoy, PocketMoni, LASG, Others to Power 7th Ofada Rice Day Festival

OfadaBoy, PocketMoni, LASG, Others to Power 7th Ofada Rice Day Festival

December 1, 2025
Nigerian Academic, AI innovator , Oluganna nominated for UK Global talent , innovator support initiative

Nigerian Academic, AI Innovator, Oluganna Nominated for UK Global Talent, Innovator Programme

November 29, 2025
Friday, December 5, 2025
  • Login
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
No Result
View All Result
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
Home Business

MTN, Airtel Invest N202.4b, $670m In First Quarter

by Reporter theconscienceng
May 19, 2025
in Business, Trending
0
Telco Giants – Airtel, MTN Sign New Deal For Nigeria, Uganda
Share on FacebookShare on Twitter
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share

IMG 20250326 WA0005

MTN, Airtel Invest N202.4b, $670m In First Quarter

THECONSCIENCE NG reports that Nigeria’s leading telecom operators, MTN and Airtel, have invested heavily in network infrastructure as part of their commitment to improve service quality and expand digital access across the country.

 

According to financial results released by the companies, MTN Nigeria spent ₦202.4 billion on capital expenditure (capex) in Q1 2025, representing a 159% increase compared to the same period in 2024. Airtel Nigeria also reported a capex of $670 million for the year ended March 31, 2025, though this was below its forecast due to deferred data centre investments.

 

Airtel has now set its capex guidance for the next fiscal year at between $725 million and $750 million, underscoring its ongoing investment in future network growth.

 

Both telcos attribute the intensified investment to a more favourable operating environment, following the 50% tariff adjustment approved by the Nigerian Communications Commission (NCC), which took effect in February. They say the price adjustment allows them to reinvest in critical infrastructure to enhance the user experience.

READ MORE:  Court Dismisses Suit Against MTN Nigeria Board Appointments

 

However, subscribers—through bodies such as the Association of Telephone, Cable TV and Internet Subscribers of Nigeria (ATCIS-Nigeria) and the National Association of Telecom Subscribers of Nigeria (NATCOMS)—have raised concerns over deteriorating service quality, particularly after the tariff hike. The NCC has reportedly given telcos a three-month window to demonstrate improvements in service delivery.

 

NCC CEO, Dr. Aminu Maida, confirmed that telecom operators have invested $1 billion so far to upgrade their networks in response to growing demand and regulatory expectations.

 

MTN Plans ₦800 Billion Investment in 2025

 

MTN Nigeria revealed plans to invest a total of ₦800 billion in network upgrades this year. Speaking on the developments, Ugonwa Nwoye, Chief Customer and Experience Officer at MTN Nigeria, acknowledged customer frustrations but emphasized that meaningful infrastructure deployment takes time.

 

“We are investing over ₦800 billion this year alone. This will translate into better customer experience, reduced congestion, faster internet speeds, and wider network reach,” she said.

READ MORE:  MTN to offer 365,000 smartphones through financing scheme

 

Nwoye noted that the telco undertook extensive internal cost-efficiency reforms before introducing the tariff adjustments. The changes were rolled out in phases between February and March, with customers receiving advance notices of six to eight weeks. She added that all existing data plans saw increases below the approved 50%, with most remaining under 25%.

 

The investment will support the upgrade of over 1,000 cell sites and the expansion of more than 2,000 transmission links across the country, targeting improved data speed, fewer dropped calls, and enhanced reach—especially in underserved rural areas.

 

MTN said these efforts form part of a long-term strategy to significantly enhance network performance, digital access, and customer satisfaction nationwide.

 

Airtel Doubles Down on Network Expansion

 

Airtel Nigeria also announced plans to double its capex commitment, signalling a renewed drive to enhance service delivery and support digital inclusion.

 

According to a company statement, the investment will fund critical infrastructure upgrades, rural coverage expansion, and the rollout of 5G technology, which is being deployed across various sites to deliver ultra-fast data speeds and improved service reliability.

READ MORE:  Alleged Corruption: MTN Chief Marketing Officer, Adia Sowho Quits

 

Additional projects include:

 

Deployment of high-capacity radios at existing sites to meet rising data demands.

 

Expansion and relocation of fiber optic networks to enhance connectivity.

 

Establishment of a state-of-the-art data centre to support growing customer needs.

 

Leveraging the 2Africa subsea cable landing to boost international bandwidth and throughput.

 

Construction of new shops and service outlets nationwide to improve customer access.

 

Introduction of cutting-edge devices to support home broadband and mobile data use.

 

 

Dinesh Balsingh, CEO of Airtel Nigeria, described the expanded investment as a bold step toward empowering Nigerians through connectivity.

 

“Our decision to double our investment reflects our deep commitment to Nigeria’s future. This is not just about technology; it’s about empowerment and making a positive difference in people’s lives,” he stated.

 

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on WhatsApp (Opens in new window) WhatsApp

Like this:

Like Loading...

Related

Tags: #AirtelMTN
ShareTweet
Previous Post

80 – Year-Old Ex-Convict, Grandma, 82, Arrested As NDLEA Intercepts N3.2b Opioids

Next Post

EXCLUSIVE! UNIZIK On Fire Again Over Flawed Selection of Acting Vice-Chancellor

Reporter theconscienceng

Reporter theconscienceng

Related Posts

IGP Appoints DSP Babaseyi Oluseyi as New PPRO Ogun State Police Command
News

IGP Appoints DSP Babaseyi Oluseyi as New PPRO Ogun State Police Command

by TheConscience NG
December 4, 2025
Gunshots, Frame-Ups, Extortion: Lagos Community Accuses Police Officer of Terrorising Residents
Crime/General

Gunshots, Frame-Ups, Extortion: Lagos Community Accuses Police Officer of Terrorising Residents

by TheConscience NG
December 3, 2025
Pinnick Bullish On Nigeria’s Prospects For 2026 World Cup Qualification
Sports

Boniface, Aina, Iheanacho Return As Chelle Unveils Nigeria’s Provisional AFCON Squad

by Reporter theconscienceng
December 2, 2025
Seven Killed As Troops Engage Boko Haram/ISWAP Terrorists In Borno
News

Army Raids, Smashes Terror Networks Nationwide

by Reporter theconscienceng
December 2, 2025
Abia Govt Sacks Civil Servants Over Salary Fraud
News

Gunmen Attack Governor Otti’s Advance Team In Imo

by Reporter theconscienceng
December 2, 2025
Adebayo Adedamola Emerges PDP’s Osun Guber Candidate
Politics

Adebayo Adedamola Emerges PDP’s Osun Guber Candidate

by Reporter theconscienceng
December 2, 2025
Next Post
UNIZIK On Fire Again Over Flawed Selection of Acting Vice-Chancellor

EXCLUSIVE! UNIZIK On Fire Again Over Flawed Selection of Acting Vice-Chancellor

No Result
View All Result

Recent Posts

  • IGP Appoints DSP Babaseyi Oluseyi as New PPRO Ogun State Police Command
  • Gunshots, Frame-Ups, Extortion: Lagos Community Accuses Police Officer of Terrorising Residents
  • Boniface, Aina, Iheanacho Return As Chelle Unveils Nigeria’s Provisional AFCON Squad
  • Army Raids, Smashes Terror Networks Nationwide
  • Gunmen Attack Governor Otti’s Advance Team In Imo

Get the latest news on the go!

Enter your email address

© 2025 TheConscience NG

TheConscience NG

  • About
  • Contact Us
  • Privacy-Policy
  • Terms and Conditions
  • TheConscienceNg.com | Breaking & Verified Nigerian News on the go!

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
X
Subject:
Message:
Ajax loader
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech

© 2025 TheConscience NG

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Share with friends
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share
%d