Telecommunications group MTN Nigeria has acquired an additional 10 MHz spectrum in the 800 MHz band from Intercellular Nigeria for an undisclosed amount.
The Nigerian Communications Commission (NCC) has approved the transaction and assigned the frequency to MTN Nigeria. According to the company, this acquisition will significantly improve customer experience, in line with our commitment to deliver excellent service quality to our subscribers.
Commenting on the acquisition, Karl Toriola, Chief Executive Officer, MTN Nigeria said, “Through this acquisition, we will be better positioned to support the deepening of broadband penetration in the country. The added resources will also greatly impact our customers’ experience providing even better internet connectivity. It is our goal to keep finding ways to grant everyone access to a modern connected life.”
