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Thursday, June 30, 2016

MTN Acquires Broadband From FG For Whooping N18.96bn ; 4G LTE Rollout In Lagos AndAbuja Imminent

NCC (Nigerian Communications Commission) has officially declared telecommunications giants, MTN Nigeria to have won the 2.6GHz spectrum auction.
MTN's acquisition of
the 2.6GHz spectrum cost a massive N18.96 Billion payment to the federal government of Nigeria.



According to the NCC, the acquired spectrum would significantly trigger a broadband revolution which will in turn unlock telecom upgrades i.e greater coverage, access,
affordability as well as innovations and of course subscribers will massively benefit from these.
The 2.6GHz acquisition has set the stage for the long anticipated 4G LTE broadband internet services rollout by MTN.
The 4G LTE service is expected to reach across the country, starting in major cities (Lagos and Abuja).
This is awesome news for the 60 million + subscribers to the MTN network.
Subscribers in the capital city of Abuja can already see the 4G LTE sign on their devices, waiting in anticipation for its full launch.



Finger crossed on it swiftly reaching other cities in the country.


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