Business
NCC Approves MTN’s Spectrum Renewal Deal
The Nigerian Communications Commission (NCC) has granted approval for the renewal of MTN Nigeria’s spectrum lease agreement with Natcom Development and Investment Limited (NTEL).
This renewal will allow MTN to enhance its network services and expand coverage across multiple states in Nigeria.
According to MTN’s Company Secretary, the agreement covers NTEL’s 5MHz frequency division duplex (FDD) in the 900MHz spectrum band and 10MHz FDD in the 1800MHz spectrum band. This lease spans 19 states and has been renewed for an additional two years, effective May 1, 2025.
Additionally, the NCC approved a one-year lease expansion of the spectrums to cover the remaining 17 states and the Federal Capital Territory (FCT). This extension will take effect on January 1, 2025.
MTN Nigeria’s Chief Executive Officer, Karl Toriola, expressed satisfaction with the agreement. He stated, “We are pleased with the renewal of the spectrum lease agreement with NTEL, which now includes coverage for all states, including the FCT.
“The lease enables us to enhance our 3G and 4G user experience as we improve coverage and capacity by utilizing the spectrums. This positions us to capitalize on the growing demand for data and improve the delivery of services to our customers,” he added.
The renewed agreement is expected to further improve MTN’s ability to provide reliable and high-quality connectivity services, meeting the increasing demand for data and digital services nationwide.
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