Airtel, MTN Sign Network-Infrastructure-Sharing Deal In Nigeria, Uganda

Airtel, MTN Sign Network-Infrastructure-Sharing Deal In Nigeria, Uganda

In Nigeria and Uganda, MTN Group and Airtel Africa have come to a mutual agreement to share mobile network infrastructure. &nbsp,

The agreement, according to the duo’s statements on Wednesday, aims to reduce investments while maintaining service coverage.

Although there is still a lot of demand for digital and financial services in Africa, network construction and maintenance is expensive, especially for fast 5G connections.

Additionally, the businesses stated that they would look into potential business opportunities in other nations, including Congo-Brazzaville, Rwanda, and Zambia.

The majority of the costs in network deployment and operation are covered by radio access network sharing, they continued, along with commercial and technical agreements for sharing of fibre infrastructure and, if necessary, fiber network construction.

The companies stated that “this engagement does not prevent the parties from collaborating with other operators in any particular market.”

According to MTN Group CEO Ralph Mupita, “We are driven by the vision of delivering digital solutions that drive Africa’s progress,” in a statement.

“Across our markets, there is still a strong structural demand for digital and financial services. To provide our customers with high-quality connectivity, we continue to invest in coverage and capacity to meet this demand.

However, there are opportunities for sharing resources within regulatory frameworks to increase efficiency and increase returns.

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Sunil Taldar, the CEO of Airtel Africa, claimed the agreement would prevent costly infrastructure from being duplicated.

Source: Channels TV

 

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