MTN kicks off 5G pilot in Nigeria, prepares for commercial launch in 7 cities

MTN Nigeria Communications Plc has notified the Nigerian Exchange, investing public and stakeholders that it has kicked off an open 5G pilot in the lead-up to its highly anticipated commercial launch.

The company, which intend to launch 5G services in Lagos, Abuja, Port Harcourt, Ibadan, Kano, Owerri, and Maiduguri is testing the next-generation network infrastructure.

Customers with enabled devices will be allowed to connect with an try out the new service where coverage is available.

The advanced technology promises to extend the reach and capacity of MTN Nigeria’s data network in Nigeria and enable much faster speeds and lower latency, giving customers near-instant access to the things they care about and downloads that take seconds, instead of minutes.

The Chief Marketing Officer of MTN Nigeria, Adia Sowho in the notice signed by the Company Secretary stated thus:

“Every major technological evolution redefines what is possible – changing how we live and connect. MTN Nigeria has been at the forefront of every leap in telecommunications: from GSM to 2G, 3G, and 4G. 5G has the potential to change everything. It will allow us to connect, create, collaborate, and compete in ways we’ve not even begun to imagine.”

“We appreciate the unwavering support and leadership of the Honourable Minister of Communications and Digital Economy and the Nigerian Communications Commission in implementing the National Policy on 5G Networks for Nigeria’s Digital Economy, which has driven the implementation of 5G in the country. We’re honoured to be a part of this revolution and being the first to bring 5G to Nigeria we are truly excited about all the possibilities for the nation”

The spectrum issued to MTN Nigeria as one of the two successful winners of the 5G license bid holds a promising future for technology in Nigeria. The implementation of 5G will accelerate the actualization of the national targets in the Nigerian National Broadband Plan, the National Digital Economy Policy and Strategy, as well as other sectoral policies designed to enhance Nigeria’s digital transformation.

Source: MTN kicks off 5G pilot in Nigeria, prepares for commercial launch in 7 cities – StocksWatch (stocksng.com)


Notice: Function WP_List_Util::pluck was called incorrectly. Values for the input array must be either objects or arrays. Please see Debugging in WordPress for more information. (This message was added in version 6.2.0.) in /home/fundidqj/fundvinesecurities.com/securities/wp-includes/functions.php on line 6031

Related Posts

03

Nov
Business & Economy

ELITE WEALTH PLACEMENT FUND

Welcome to the Elite Wealth Placement Fund – a bespoke investment vehicle designed exclusively for high-net-worth individuals seeking attractive and tailored placement opportunities. Our fund is managed by a team of seasoned financial experts with a proven track record of delivering superior returns, while prioritizing risk management and long-term wealth preservation. As an exclusive member, you will […]

03

Nov
Business & Economy

PZ Cussons Nigeria Plc reports N113bn revenue, boosts profit after tax by 114% in one year

The Audited Financial Statement of PZ Cussons for the year ended 31 May 2023 show significant growth in the Company’s bottom line figures with 114% growth in its profit after tax for the 12 months period. The Group reported revenue of N113.964 billion for the 12 months period, up by 14.53% from N99.503 reported the previous year.[…]