MTN Nigeria and Airtel in their half financial reports for 2022 disclosed that Nigerians are set to enjoy fast Internet as two telecommunication firms invest N443.30bn in 4G and 5G infrastructure across the nation.
MTN says it has invested N311.6bn and Airtel disclosed it has invested N131.70bn within the first six months in infrastructure.
MTN says capital expenditure in the period was N311.6bn, up by 67.1 per cent, due to accelerated coverage expansion, focusing on the 4G and 5G networks as well as their rural telephony programme.
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