Thursday, February 7, 2013

MTN Nigeria votes N205bn for upgrades


IN a bid upgrade its service in 2013; MTN Nigeria would be investing the sum of $1.3 billion, about N205.16 billion for service upgrade.

The investment, MTN revealed is to ensure that MTN Nigeria subscribers experience a hitch-free communications services.

DigitalSENSEBusiness News gathered that the service upgrade investment would enhance network capacity and much improved quality of service to customers. 

Base stations would also be more environmentally-friendly through the installations of hybrid alternative energy solutions.

However, a leading South African Black Economic Empowerment investment holding company, Shanduka Group has paid $335 million, about N52.87 billion for a minority stake in MTN Nigeria.

The acquisition, Shanduka Group made known is the biggest investment outside its home market, and that it is a well established business within a market with great potential for further growth.
 

... Making SENSE of digital revolution!

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