Riding on the $1.3bn network optimisation and swap out investment in 2012, MTN Nigeria has said that it will invest another $1.3bn (N205.4bn) in infrastructure upgrade and expansion in 2013.
Speaking at the inauguration of the MTN Y'ello City in Lagos on Wednesday, the Chief Executive Officer, MTN Nigeria, Mr. Brett Goschen, said, "We have invested $1.3bn in the network in 2012 alone. This covers the extensive network optimisation and swap out exercise, which we embarked on in June 2012, and which is now at an advanced stage.
"And by 2013, we hope to double the investment by putting in another $1.3bn for infrastructure expansion."
The MTN boss said the aim of the project was to significantly enhance the company's current network capacity and provide much improved quality of service to its customers.
He further explained that the investment would also be directed at making its base stations more environmentally-friendly through the installation of hybrid alternative energy solutions.
"Delivering on a major project such as this is not without its challenges, and I want to seize this opportunity to apologise for its impact at various times on the quality of service offered on our network. We are working very hard to complete the exercise so that we can offer our customers the quality that they richly deserve," Goschen said.
According to him, the MTN Y'ello City has been built in order to give customers ready access to a wide selection of products and data/Information and Communications Technology services in a conducive environment.
