MTN PROMISES TO INVEST MORE IN NIGERIA

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[Abuja]–Africa’s largest telecommunication company, MTN has expressed optimism in the country’s economy and promised to put in more investment this year and the years to come.

The Chairman/ Chief Executive, Mr. Phuthuma Freedom Nhleko, disclosed this in Abuja on Thursday, 23rd of February when he led a delegation to the Nigeria Communication Commission (NCC) headquarters in Abuja.

The company which was earlier fined the sum of #330billion by Nigeria telecom regulator, expressed its gratitude to the commission for the role its “towards an amicable resolution”.

Nhleko, whose chairmanship in MTN Group will expire in March, 2017 revealed that the group has pumped $16billion into the Nigeria operations but still has a long way to go.

He then, solicited for more spectrum allocation as “it is the oxygen and lifeblood of investment in the telecommunication sector.

It will be recalled that the head office of the company in Abuja was recently attacked by Nigerians protesting against xenophobic attack against Nigerians in South Africa.

 




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