Telecommunication

The latest iteration of mobile internet connectivity, known as 5G, offers up to ten times better rates than 4G. MTN Nigeria has introduced its 5G router in Nigeria. Consider 5G if you’re looking for a means to receive internet speeds that are unbelievably fast. Pre-orders for the MTN 5G Router…

As Nigeria tilts toward technology, the need for fast internet networks and unlimited data plans increases. The inability of the available internet service providers to buckle up is one of the major challenges affecting the sector. This drawback impacts other sectors that use data for their daily deliverables. In the…

Funmi Iyanda is, without a doubt, one of the most notable phenomena in the Nigerian media industry. Through her unique style of anchoring on-air programmes, the on-screen goddess made her marks that have withstood the test of time. Although a certified geographer from the University of Ibadan, the Lagos-born and…

Apart from being one of the subsidiaries of Africa’s largest mobile telecoms company, MTN Nigeria is currently the highest-earning telecom company in the country. According to the Nigerian Stock Exchange, the company hit over five trillion naira milestones in the second quarter of 2022. This makes it more valuable than…

Airtel, an African telecommunication company, closed the first part of selling tower assets to a joint venture company in Tanzania. This transaction will see the transfer of approximately 1400 mobile sites to the joint venture company. The transaction, which was concluded today, is valued at $176 million, and $159 million…

Globacom’s Abuja base station was shut down by the Nigerian Civil Aviation Authority (NCAA) due to the exhaustion of all means for resolution between Nigerian telecommunication and civil aviation. According to a letter from the regulatory body, Globacom owes the agency over N5 billion for breaching air safety by erecting…

America’s digital infrastructure company Equinix acquired West Africa’s leading connectivity and data centre company, MainOne, at the cost of $320 million. In the press release, Equinix announced its intention to expand into the African market through the acquisition of MainOne. The acquisition will be completed by the first quarter (Q1)…

The Transaction is the latest strategic divestment of the Group’s tower portfolio as it focusses on an asset-light business model and on its core subscriber-facing operations.

Note that MTN has a long history of building and operating market-leading operations in numerous markets across Africa and the Middle East, including establishing greenfield operations. At the end of 2020, MTN Group had 280 million subscribers across 21 markets

Safaricom Plc is one of the leading telecom firms and biggest companies in Africa with a valuation of about $10.6 billion, according to Forbes.