Friday, March 12, 2021 / 12:30PM / NSE / Header Image Credit: RF Consultancy
We are pleased to announce that MTN Nigeria has acquired additional 1OMHz spectrum in the 800MHz band from Intercellular Nigeria Limited. The Nigerian Communications Commission (NCC) has approved the transaction and assigned the frequency to MTN Nigeria. The 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."
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Table: Q3 2020 Unaudited Results
2. MTNN Declares N205bn PAT in 2020 Audited Results; Proposes N5.90K Final Dividend; (SP:N174.00k)