Nigeria: MTN Increases Market Competition by Launching 4G + in Lagos, Abuja and Port-Harcourt

MTN Nigeria, a mobile phone operator, has pushed the pressure up a notch on the telecom market. The company, which still holds the leading position in terms of subscribers and revenues, has launched 4G + in the states of Lagos, Abuja and Port-Harcourt. This increase in the capacity of its telecom network, the company was able to achieve through the combination of its frequency of 800 MHz, acquired during the acquisition of Visafone Communications, and that of 2600 MHz. With 4G +, MTN Nigeria will be able to offer a data rate of more than 200 Mbps to consumers.

According to Mazen Mroue (pictured), MTN Nigeria’s Deputy General Manager, the launch of 4G +, a natural evolution of MTN’s 4G network, demonstrates the company’s commitment to continue investing in technology that meets today’s needs. and future of its customers. With the rapid development of the streaming segments, the Internet of Things, online video games, virtual reality, all dependent on quality connectivity, MTN Nigeria via its 4G +, is preparing to meet the need in connectivity that will soon explode again.

The launch of 4G + by MTN is also the guarantee of an increase in its revenues over the next few years. The subsidiary that produces the second largest financial contribution to telecom group revenues; 37,971,000,000 rand in 2018 (2,760,102,263 US dollars); after MTN South Africa, is the first market where 4G + is launched. Technology should allow it to maintain the gap with its competitors Airtel, Glo and 9mobile; maybe even accentuate it.

Source: Agence Ecofin