News Formal

Telcos N208bn 4G investment to boost internet speed - NCC

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Nigerians are set to enjoy faster Internet services as MTN Nigeria Communications Plc and Airtel Africa invested a combined N208.56bn in fourth-generation network and other capital expenditure in the first quarter of 2022.

According to the Nigerian Communications Commission, Internet services in the nation currently predominantly run on 2G and 3G networks.

Recently, telcos have begun to increase their investments in 4G infrastructure. According to MTN, it rolled out 2,260 4G sites in the first quarter of the year to boost penetration. “We are also frontloading some of our capex plan for the year as part of risk mitigation on supply chain disruption. Core capex, excluding the right of use assets, increased by 156.8 per cent, with capex intensity of 17.2 per cent remaining within target levels. We deployed 2,260 4G sites, representing approximately 85 per cent of the total sites deployed during the period and reflecting solid data revenue growth.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Pls I really need help, I got sacked from where I manage to feed myself. kindly help with any amount pending the time I'll get a job. Am begging you all wholeheartedly, if anyone can afford to help, pls help me.😔This hunger is too much 🙏 Accessbank 0059218289 Tolulope Bambo

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sylva: Africa needs $35bn annual investment to accelerate electricity supply | TheCableTimipre Sylva, minister of state for petroleum resources, says an annual investment of about $35 billion could provide access to electricity in African communities that lack power supply. The minister HETimipreSylva The one that you people will steal again. HETimipreSylva How much that Akwa Ibom man 😂 steal? 80Billion abi 🤔. Go and ask him... HETimipreSylva So you people can share it
Source: thecableng - 🏆 2. / 80 Read more »

FEC approves N169bn private sector investment for road infrastructure | TheCableThe federal executive council (FEC) has approved the N169 billion private sector investments for road infrastructure through the government’s tax credit programme. The council gave approval on Wednesday in a
Source: thecableng - 🏆 2. / 80 Read more »

FEC okays N169b private sector investment for improved roadsThe Federal Executive Council (FEC) has approved an N169 billion private sector investment for road infrastructure through the government’s
Source: GuardianNigeria - 🏆 1. / 94 Read more »