MTN’s 5G subscribers reach 15m

MTN Nigeria has recorded an estimated 15 million subscribers on its 5G network, marking a major milestone in its drive to achieve internet penetration.

In a statement, this achievement has positioned the telecommunication firm as the frontline partner in achieving the federal government’s broadband goals, recording a surge of active data user base to 51.1 million, a 12.8% increase.

According to the firm, the growth was directly linked to the company’s aggressive leadership in 4G/5G deployment and the accelerated rollout of its Fibre-to-the-Home (FTTH) network.

“We are proud to be the first telco to achieve over 82 percent coverage in 4G, and the first to roll out 5H in Nigeria, already reaching an estimated 15 million of the population and counting,” the statement reads.

It added that the drive for connectivity is backed by significant capital spending, stressing that Capex, excluding leases, soared by 248.0% to N757.4 billion.

The firm said that this investment was strategically directed at capacity enhancement to reduce congestion and to deliver ultra-fast broadband to households through FTTH.

“Demand for data remains robust, driving a 36.3% YoY increase in data traffic, with average usage per subscriber rising by 20.8% to 13.2GB.

“The home broadband base expanded to 4 million subscribers, with 281,000 added in Q3 alone, reflecting the growing demand for high-speed connectivity,” the statement reads.

It stressed that the firm’s ability to sustain this massive investment was supported by its financial strength, which saw a major swing to a N750.2 billion Profit After Tax.

“Furthermore, MTN has committed to national infrastructure development by advancing the rehabilitation of the 110-kilometre Enugu-Onitsha Expressway under the RITC scheme.

“This dedication to infrastructure underpins the wider goal of digital inclusion,” the statement reads

Tobe Okigbo, the firm’s Chief Corporate Services & Sustainability Officer, stated, “We are committed to ensuring that we provide through these platforms access at the fingertips of every Nigerian. Oh yes, we truly believe that everyone deserves the benefits of a modern connected life”.

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