• 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
Emirates⁠ Emerges World’s Most Profitable Airline with Record $6.6bn Group Profit

Emirates⁠ Emerges World’s Most Profitable Airline with Record $6.6bn Group Profit

May 7, 2026
Jarvis Rejects Peller’s Pregnancy Claims, Tells Him to Reclaim Benz

Jarvis Rejects Peller’s Pregnancy Claims, Tells Him to Reclaim Benz

May 7, 2026
FG Bans 'Dr' Title for Honorary Degree Holders

FG Bans ‘Dr’ Title for Honorary Degree Holders

May 7, 2026
FG Deploys Fani-Kayode To South Africa Over Rising Xenophobic Attacks 

FG Deploys Fani-Kayode To South Africa Over Rising Xenophobic Attacks 

May 7, 2026
Goodmus Learning Begins Global GCA Certification in Lagos

Goodmus Launches GCA in Lagos, Begins Global Competence Certifications

May 6, 2026
Former Commerce Minister, Mustafa Bello Appointed As Zenith Bank Chairman

Former Commerce Minister, Mustafa Bello Appointed As Zenith Bank Chairman At AGM 

May 6, 2026

Obi’s Entry Sparks Firestorm in Anambra NDC As Chairman David Chukwudifu Accused of Greed, Malpractices

May 6, 2026
EYT: UK-Trained Engineer Debbie OMOLOLA, industry leaders push practical training, global edge for Nigerian Engineers

EYT: UK-Trained Engineer, Industry Leaders Push Practical Training, Global Edge for Nigerian Engineers

May 5, 2026
ZENITH BANK CROSSES N1 TRILLION MARK IN Q1 2026 GROSS EARNINGS

Zenith Bank Exceeds N1 Trillion Mark In Q1 2026 Gross Earnings

May 5, 2026
How We Smashed Sales Despite Early Fears at GTCO Festival — Vendor 

How We Smashed Sales Despite Early Fears at GTCO Festival — Vendor 

May 4, 2026
Emirates Restores 96% of Global Destinations 

Emirates Restores 96% of Global Destinations 

May 4, 2026
Zobo or Sorrel: American Chef Camari Mick Reimagines Nigerian Classic at GTCO Food

Zobo or Sorrel? American Chef Camari Mick Reimagines a Nigerian Classic at GTCO Food

May 4, 2026
TYO National Competition Promotes Oratory, Critical Thinking Skills

TYO National Competition Promotes Oratory, Critical Thinking Skills

May 4, 2026
SMEs, Attendees Applaud Visibility, Experience at GTCO Food Festival 

SMEs, Attendees Applaud Visibility, Experience at GTCO Food Festival 

May 3, 2026
Media Award

August24news Publisher Bags Media Personality Award in Lagos

May 2, 2026
GTCO Food and Drink Festival 2026: World’s Best Vegetable Chef Begona Rodrigo highlights Mediterranean cuisine in Lagos

GTCO Food & Drink Festival 2026: World’s Best Vegetable Chef, Begona Rodrigo, Showcases Mediterranean Cuisine in Lagos

May 2, 2026
Sunday, May 10, 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:  Alleged Corruption: MTN Chief Marketing Officer, Adia Sowho Quits

 

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:  Gov Uba Sani Warns Against Politicisation Of Insecurity

 

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:  Imo Police Sanctions Officers Over Assault

 

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

Emirates⁠ Emerges World’s Most Profitable Airline with Record $6.6bn Group Profit
Business

Emirates⁠ Emerges World’s Most Profitable Airline with Record $6.6bn Group Profit

by TheConscience NG
May 7, 2026
Jarvis Rejects Peller’s Pregnancy Claims, Tells Him to Reclaim Benz
Entertainment

Jarvis Rejects Peller’s Pregnancy Claims, Tells Him to Reclaim Benz

by TheConscience NG
May 7, 2026
FG Bans 'Dr' Title for Honorary Degree Holders
News

FG Bans ‘Dr’ Title for Honorary Degree Holders

by TheConscience NG
May 7, 2026
FG Deploys Fani-Kayode To South Africa Over Rising Xenophobic Attacks 
News

FG Deploys Fani-Kayode To South Africa Over Rising Xenophobic Attacks 

by TheConscience NG
May 7, 2026
Goodmus Learning Begins Global GCA Certification in Lagos
News

Goodmus Launches GCA in Lagos, Begins Global Competence Certifications

by TheConscience NG
May 6, 2026
Former Commerce Minister, Mustafa Bello Appointed As Zenith Bank Chairman
Business

Former Commerce Minister, Mustafa Bello Appointed As Zenith Bank Chairman At AGM 

by TheConscience NG
May 6, 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

  • Emirates⁠ Emerges World’s Most Profitable Airline with Record $6.6bn Group Profit
  • Jarvis Rejects Peller’s Pregnancy Claims, Tells Him to Reclaim Benz
  • FG Bans ‘Dr’ Title for Honorary Degree Holders
  • FG Deploys Fani-Kayode To South Africa Over Rising Xenophobic Attacks 
  • Goodmus Launches GCA in Lagos, Begins Global Competence Certifications

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