MTN Nigeria has positioned itself as the frontline partner in achieving the Federal Government’s broadband goals, announcing that its active data user base has surged to 51.1 million, a 12.8% increase.
This growth is directly linked to the company’s aggressive leadership in 4G/5G deployment and the accelerated rollout of its Fibre-to-the-Home (FTTH) network.
The company’s video confirms its leadership: “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 drive for connectivity is backed by significant capital spending. The Capex, excluding leases, soared by 248.0% to N757.4 billion. This investment is 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 company’s ability to sustain this massive investment is 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. As Tobe Okigbo, the 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”.
