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MTN says to invest $1 bln in Nigeria network
LAGOS, March 11 |
LAGOS, March 11 (Reuters) - The Nigerian arm of Africa's biggest mobile phone operator MTN (MTNJ.J) said on Friday it plans to invest $1 billion over the next year to expand its network in the continent's most populous nation."MTN Nigeria will spend $1 billion capex on optimisation, building the fibre network, improving transmission capacity, building more base stations and substantially increasing the capacity of its network," said Funmilayo Omogbenigun, a spokeswoman for MTN Nigeria. (For more Reuters Africa coverage and to have your say on the top issues, visit: af.reuters.com/ ) (Reporting by Chijioke Ohuocha; Writing by Nick Tattersall) 21
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