">
TechMoran
  • About Us
  • Deals
  • Jobs
  • Motoring
    • Money
  • Pitch Your Startup
  • Submit Your Post
  • Freelance Gigs
  • Travel
  • Men’s Corner
  • Dating
Tuesday, January 26, 2021
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition
No Result
View All Result
TechMoran
">
Home Business

MTN Nigeria disposes of 9,151 network towers

Robin Okuthe by Robin Okuthe
6 years ago
in Business
4 min read
0
Credited by:
Businessdayonline.com

Credited by: Businessdayonline.com

Mobile network operator MTN has accepted to sell 9,151 base stations in Nigeria to IHS Holding, a major mobile telecommunications infrastructure provider in the country.

IHS Holding issued a statement explaining the sale of the network towers as expected to cut down its operating costs, expand data and voice capacity and drive network efficiency.

Later, the network towers will be sold to a newly formed company to be owned jointly by IHS and MTN Group, though IHS will have full control of the business.

“The new towers company will market independent infrastructure-sharing services to internet service providers and other mobile operators within Nigeria. The transaction is considered likely to end within the fourth quarter of 2014,” stated MTN.

MTN Group’s operation in Nigeria is the group’s largest. At the end of June, the company had 58.4 million customers in Nigeria, compared to its South Africa’s 25.3 million subscribers.

Sifiso Dabengwa, the CEO of MTN Group, said, “IHS’s deep knowledge and considerable experience in the sector will help enhance our network uptime as well as drive efficiencies, allowing us to focus on further increasing our own service levels, improving the customer experience and making sure we continue to be the leading operator in Nigeria.”

Meanwhile, the deal is considered ‘a great success’ by IHS, which has secured several tower sale agreements with MTN. Over the past two years, MTN has sold its tower infrastructure in Zambia, Cameroon, Cote d’Ivoire and Rwanda to IHS. The Nigerian sale nearly doubles the number of towers managed by IHS in Africa, bringing the successful transactions to nine.

READ  Zambia Withdraws A $210 Million CCTV Contract

Related posts

Customer Service Lessons From Leading Brands Including CarGuard’s Trevor Smith

January 21, 2021
0

Mastercard, Unilever & KCB Bank to pump over $150,000 into SMEs in Kenya via their Jaza Duka program

January 18, 2021
0

Cellulant Group CEO Ken Njoroge to step down in June

January 14, 2021
0

The Fool-Proof Strategy For Business Owners To Find The Perfect Office Space

January 13, 2021
0

MTN has not yet revealed the value of the deal though the new towers company has accepted to pay US$500 million of extra investment over four years into maintenance programme and tower upgrades.

More investments will also be made within IHS’s centralized network operations center in Nigeria. IHS also revealed that more cash will be directed to energy efficiency via the distribution of modern generators, batteries as well as optional power solutions to cut down the consumption of diesel.

Readers 1,223

Share

  • Click to share on Telegram (Opens in new window)
  • More
  • Click to share on Tumblr (Opens in new window)
  • Click to print (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Pocket (Opens in new window)

Like this:

Like Loading...

Related

Tags: IHS HoldingMTNSifiso DabengwaSouth Africa
Robin Okuthe

Robin Okuthe

Related Posts

Business

Customer Service Lessons From Leading Brands Including CarGuard’s Trevor Smith

January 21, 2021
0
Business

Mastercard, Unilever & KCB Bank to pump over $150,000 into SMEs in Kenya via their Jaza Duka program

January 18, 2021
0
Business

Cellulant Group CEO Ken Njoroge to step down in June

January 14, 2021
0
Business

The Fool-Proof Strategy For Business Owners To Find The Perfect Office Space

January 13, 2021
0
Business

UAP Old Mutual launches digital last expense cover for as low as Ksh 50

January 13, 2021
0
Business

How to Use Podcasts and Online Information to Enhance Ventures

January 6, 2021
0
Business

Equity Group crosses the trillion-shilling balance sheet milestone

December 23, 2020
0
Business

Econet Group’s Strive Masiyiwa Appointed to Netflix Board of Directors

December 17, 2020
0

https://bit.ly/2VOxuoBhttps://bit.ly/2VOxuoBhttps://bit.ly/2VOxuoB
ADVERTISEMENT

Join our Mailing List

Loading

Recent Posts

Samsung, Safaricom partner to push Samsung Galaxy S21 pre-orders

January 26, 2021

Safaricom’s M-PESA Bill Manager brings digital receitps, bills and invoices to businesses & landlords

January 26, 2021

8 Facts People Don’t Know About Bitcoin

January 26, 2021

Stranded in Lockdown? Here Are 3 Ways You Can Make Money Via Cryptocurrencies Online

January 26, 2021

3 Tips On Avoiding Cryptocurrency Scams

January 26, 2021
">
">

Follow Us

">

There are many sites out there focused on blowing off some steam, from funny entertainment to thrilling experiences like playing online, in some cases online gaming could grant you the chance to win extra money. We came across rocketpot.io while browsing for a good btc casino online and it left us a very good impression with their wide variety of games and crypto offering.

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy

© 2019 Moran Media Group - All rights reserved TechMoran.

No Result
View All Result
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition

© 2019 Moran Media Group - All rights reserved TechMoran.

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d bloggers like this: