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 Posted: Sat Apr 12, 2008 6:44 am Post subject: MTN to Set Up 1,000 New Base Stations in Nigeria |
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MTN to Set Up 1,000 New Base Stations in Nigeria
Nigeria Today
31st March '08
MTN Nigeria will add 1,000 base stations and 20 switching centres to its network by the end of 2008, according to CEO Ahmad Farroukh in a company statement. The additions will bring MTN's network total to 4,422 base stations and 78 switching centres. Farroukh also said that MTN had started work on the next phase of its fibre-optic network. Since 2006, more than 3,800km of the fibre have been deployed, with a further 1,393km planned for 2008.
The work is being funded by a USD2 billion loan arranged by IBTC Standard Bank last year. "The transmission network traverses more than 10,000 different towns, cities and communities. We will build metropolitan fibre rings around important commercial cities. To date, we have completed Lagos, while Abuja, Ibadan, Port Harcourt, Kano, Aba and Warri are nearing completion," said Farroukh. According to TeleGeography's GlobalComms database, MTN Nigeria was market leader at the end of 2007 with 16.5 million subscribers, a 41% market share.
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