Etisalat Nigeria gains 3G licence via acquisition

Operator plans for $50 mn 3G equipment investment next year

Tags: 3GBharti AirtelEtisalat - NigeriaGlobacomUnited Arab Emirates
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Etisalat Nigeria gains 3G licence via acquisition Etisalat Nigeria plans an investment of $400 million in 2011.
By  Nithyasree Trivikram Published  December 5, 2010

Etisalat Nigeria has acquired a 3G licence with the purchase of a startup, Alheri Mobile Services, which is a wholly owned subsidiary of local conglomerate, Dangote Group, according to The Punch, a Nigerian newspaper.

Alheri was awarded a 3G concession from the Nigerian Communications Commission (NCC) in April 2007, the report said.

Steven Evans, CEO of Etisalat Nigeria, said that operator will start to deploy its 3G network "very soon". Etisalat Nigeria plans to invest $400 million in 2011, of which $50 million will be spent on 3G equipment.

The development will help put Etisalat Nigeria on a more even footing with its rivals Bharti Airtel, MTN Nigeria, and Glocacom, which all offer 3G services in Nigeria.

Nigeria's telecoms regulator, the Nigerian Communications Commission (NCC), awarded four 3G licenses in 2007.

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