• 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
'The Future Bows to Those Who Dare to Dream,’ Zenith MD, Umeoji Tells 300 Girls

‘The Future Bows to Those Who Dare,’ Zenith MD, Umeoji Tells 300 Girls

October 14, 2026
Alpha Morgan Bank Moves Head Office to Lagos, Signals Growth

Alpha Morgan Bank Moves Head Office to Lagos, Signals Growth

October 14, 2026
Awoniyi Family Unveils Funeral Arrangements for 83-Year-Old Matriarch

Awoniyi Family Unveils Funeral Arrangements for 83-Year-Old Matriarch

October 13, 2026
Zenith Bank To Boost Opportunities for Girl-Child with Maiden Empowerment Programme

Zenith Bank To Boost Opportunities for Girl-Child with Maiden Empowerment Programme

October 10, 2026
FirstBank To Host, Sponsor West Africa International Banking Dialogue & Awards Gala 2026.

FirstBank To Host, Sponsor West Africa International Banking Dialogue & Awards Gala 2026

October 10, 2026
Thailand Pass: Emirates Excites Holidaymakers with exclusive perks and savings

Thailand Pass: Emirates Excites Holidaymakers with exclusive perks and savings

October 9, 2026
Fidelity Bank Targets Sustainable Growth with Business Forum in Lagos 

Fidelity Bank Targets Sustainable Growth with Business Forum in Lagos 

October 9, 2026
Fatgbems Marks Customer Service Week With Customers Reward, Renewed Commitment

Fatgbems Marks Customer Service Week With Customers Reward, Renewed Commitment

October 8, 2026
Relief As Bola Tinubu Led FG Announces 30-Day Petrol Discount

Relief As Bola Tinubu Led FG Announces 30-Day Petrol Discount

October 8, 2026
From Pencil to Pastel, Acrylic to Sculpture: The Many Sides of BB Arts

From Pencil to Pastel, Acrylic to Sculpture: The Many Sides of BB Arts

October 8, 2026
Lagos Police Arrest Man Wanted for Cyberbullying Clerics 

Lagos Police Arrest Man Wanted for Cyberbullying Clerics 

October 7, 2026
Lagos Police Arrest Man Wanted for Cyberbullying Clerics

Codix Group Commissions Educational Facilities in Ogun

October 7, 2026
Mass Exit Hits NGIJ as Members Reject Aliagan’s Emergence Over Multiple Voting* Members

Mass Exit Hits NGIJ as Members Reject Aliagan’s Emergence Over Multiple Voting

October 3, 2026
Industry-Academia Partnership and Future of Healthcare Education

Industry-Academia Partnership and Future of Healthcare Education

September 14, 2026
IGP Endorses Societal Concerns Drone, Intelligence Training for 300 Police Personnel

IGP Okays Societal Concerns Drone, Intelligence Training for 300 Personnel

September 14, 2026
How Police IGP Disu “Egbon Tunji” Left an Indelible Mark on Ago-Iwoye Students, By Ayo Mojoyin

How Police IGP Disu “Egbon Tunji” Left an Indelible Mark on Ago-Iwoye Students, By Ayo Mojoyin

September 7, 2026
Thursday, October 15, 2026
  • 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:  Man Freed After 18 Years Without Trial In Rivers State

 

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:  Court Dismisses Suit Against MTN Nigeria Board Appointments

 

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:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook
  • 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

'The Future Bows to Those Who Dare to Dream,’ Zenith MD, Umeoji Tells 300 Girls
Business

‘The Future Bows to Those Who Dare,’ Zenith MD, Umeoji Tells 300 Girls

by TheConscience NG
October 14, 2026
Alpha Morgan Bank Moves Head Office to Lagos, Signals Growth
Business

Alpha Morgan Bank Moves Head Office to Lagos, Signals Growth

by TheConscience NG
October 14, 2026
Awoniyi Family Unveils Funeral Arrangements for 83-Year-Old Matriarch
Entertainment

Awoniyi Family Unveils Funeral Arrangements for 83-Year-Old Matriarch

by TheConscience NG
October 13, 2026
Zenith Bank To Boost Opportunities for Girl-Child with Maiden Empowerment Programme
Business

Zenith Bank To Boost Opportunities for Girl-Child with Maiden Empowerment Programme

by TheConscience NG
October 10, 2026
FirstBank To Host, Sponsor West Africa International Banking Dialogue & Awards Gala 2026.
Business

FirstBank To Host, Sponsor West Africa International Banking Dialogue & Awards Gala 2026

by TheConscience NG
October 10, 2026
Thailand Pass: Emirates Excites Holidaymakers with exclusive perks and savings
Business

Thailand Pass: Emirates Excites Holidaymakers with exclusive perks and savings

by TheConscience NG
October 9, 2026
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

  • ‘The Future Bows to Those Who Dare,’ Zenith MD, Umeoji Tells 300 Girls
  • Alpha Morgan Bank Moves Head Office to Lagos, Signals Growth
  • Awoniyi Family Unveils Funeral Arrangements for 83-Year-Old Matriarch
  • Zenith Bank To Boost Opportunities for Girl-Child with Maiden Empowerment Programme
  • FirstBank To Host, Sponsor West Africa International Banking Dialogue & Awards Gala 2026

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