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MTN to spend over $1 billion on capacity expansion
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According to the Chief Technical Officer, Karl Toriola, MTN is embarking on an aggressive expansion in excess of $1 billion aimed at providing resilient capacity to cope with the huge subscriber base.
Speaking at a press briefing held at the Golden Plaza, Falomo, Toriola said MTN had in the last six months installed over fifteen base stations to allow integration of new sites.
He asserts: “MTN’s vision is to be the leading provider of telecommunications service in Nigeria with a mission to provide first class network quality to our most esteemed customers.”
He noted that the telecommunications sector has come under serious criticism by stakeholders and subscribers to provide efficient and quality service but urged stakeholders to also put pressure on other key sectors that affect telecoms operations.
The MTN technical officer also observed that to date, MTN has invested over $1.8 billion in building mobile telecommunications infrastructure in Nigeria.
“In 2008, we are embarking on the most aggressive plan which is double of what we did in 2007”, Toriola further disclosed.
He said MTN would also install 36 mobile switching centres (MSC), 12 base station controllers (BSC), 18 service control points and 24 data service points.
Business Day investigations reveal that MTN Nigeria, for the first half of year 2007, made revenue worth $1,386.4 million, up from $918.2 million in year 2006, which translated into a growth rate of 51 percent.
During the period under review, MTN Nigeria’s earnings before interest, tax, depreciation and amortisation (EBITDA) increased by 58 percent to 815.4million in the first half of year 2007 from $515.4 million in first half of 2006.
Experts have attributed the increase to tight control of company operations cost.
Also, MTN Nigeria realised a net profit obligations of $430.4 million in first half of 2007, 11.7 percent more than what was recorded in the preceding period in year 2006.
The CTO identified causes of poor quality of service in their network as increased traffic, power supply, vandalism and sabotage.
Toriola also said that multiple taxation from local government authorities, inability of government to provide sites for equipment installation also constituted factors that affected service delivery in 2007.
He was optimistic that the capacity expansion by the company will certainly go along way to improve the quality of service, and tackle the infrastructural problems in the sector.
Speaking at a press briefing held at the Golden Plaza, Falomo, Toriola said MTN had in the last six months installed over fifteen base stations to allow integration of new sites.
He asserts: “MTN’s vision is to be the leading provider of telecommunications service in Nigeria with a mission to provide first class network quality to our most esteemed customers.”
He noted that the telecommunications sector has come under serious criticism by stakeholders and subscribers to provide efficient and quality service but urged stakeholders to also put pressure on other key sectors that affect telecoms operations.
The MTN technical officer also observed that to date, MTN has invested over $1.8 billion in building mobile telecommunications infrastructure in Nigeria.
“In 2008, we are embarking on the most aggressive plan which is double of what we did in 2007”, Toriola further disclosed.
He said MTN would also install 36 mobile switching centres (MSC), 12 base station controllers (BSC), 18 service control points and 24 data service points.
Business Day investigations reveal that MTN Nigeria, for the first half of year 2007, made revenue worth $1,386.4 million, up from $918.2 million in year 2006, which translated into a growth rate of 51 percent.
During the period under review, MTN Nigeria’s earnings before interest, tax, depreciation and amortisation (EBITDA) increased by 58 percent to 815.4million in the first half of year 2007 from $515.4 million in first half of 2006.
Experts have attributed the increase to tight control of company operations cost.
Also, MTN Nigeria realised a net profit obligations of $430.4 million in first half of 2007, 11.7 percent more than what was recorded in the preceding period in year 2006.
The CTO identified causes of poor quality of service in their network as increased traffic, power supply, vandalism and sabotage.
Toriola also said that multiple taxation from local government authorities, inability of government to provide sites for equipment installation also constituted factors that affected service delivery in 2007.
He was optimistic that the capacity expansion by the company will certainly go along way to improve the quality of service, and tackle the infrastructural problems in the sector.
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