MTN is set to launch 4G LTE this July, 2016
MTN Nigeria Is Set To Launch 4G LTE Come July 2016 . With the recent move by Ntel Launching of its 4G LTE Broadband Network ( Long Term Evolution ) in Nigeria, lots of speculations has been made by customers using other mobile network such as MTN, Etisalat, Glo, Airtel etc to know if they can enjoy such 4G network too from their mobile operator. With this move by Ntel, MTN Has decided to launch its own 4G LTE network come July 2016 . Guess the competition has just started for all mobile network operator to sit up tight because its not going to be easy with the new era of 4G LTE. I believe this move will trigger other mobile network such as Etisalat, Glo, Airtel etc to launch their own 4G LTE network so that the long used 3G would be a thing of the past and also there will be no monopoly to make price considerate for consumers to enjoy it too without breaking the bank.
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according to MTN Nigeria Spokeman,
The chief executive officer, MTN, Mr Fedinand Moolman, confirmed, during MTN Group Ltd’s first quarter results analyst conference with investment firms recently held in Johannesburg, South Africa, that the main reason MTN acquired Visafone was to get access to the frequency which would allow it roll out LTE. He said that MTN has started the process to migrate all the Visafone subscribers onto its network so that they can clean up the frequency and start rolling out LTE
“It delayed our capital expenditure (CAPEX) rollout during the first quarter a little bit because we needed to realign some of our CAPEX towards the LTE rollout. We started the migration of the subscribers and we hope to conclude that soon. The plans are to have commercial LTE available towards the end of the second quarter, maybe early quarter three, albeit very limited, obviously not substantial, and then start expanding this towards quarter three, quarter four and first quarter of next year. It is obviously a comprehensive project,” Moolman said.
The chief financial officer, MTN Group, Bret Goschen, said, “We have been engaging with our major original equipment manufacturers (OEMs) and vendors and ensuring that the CAPEX rollout continues as planned. We are very close to finalising short-term arrangements, bridge-type facilities with the vendors, and then longer term arrangements around the ECA-backed credit financing we should have in place by the mid year.”
The chief operating officer, MTN Group, Jyoti Desai, said that they have taken a very detailed analysis of MTN Nigeria’s data usage and where they should be rolling out the LTE network in the first place.
“We looked at the handset ecosystem and revenue opportunity and have identified some of the major cities,” he said.
According to him, MTN Nigeria’s LTE rollout will not impact its CAPEX as it already has space reservation in its joint tower company. He also stated that the LTE will be rolled out in existing base station sites.
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according to MTN Nigeria Spokeman,
The chief executive officer, MTN, Mr Fedinand Moolman, confirmed, during MTN Group Ltd’s first quarter results analyst conference with investment firms recently held in Johannesburg, South Africa, that the main reason MTN acquired Visafone was to get access to the frequency which would allow it roll out LTE. He said that MTN has started the process to migrate all the Visafone subscribers onto its network so that they can clean up the frequency and start rolling out LTE
“It delayed our capital expenditure (CAPEX) rollout during the first quarter a little bit because we needed to realign some of our CAPEX towards the LTE rollout. We started the migration of the subscribers and we hope to conclude that soon. The plans are to have commercial LTE available towards the end of the second quarter, maybe early quarter three, albeit very limited, obviously not substantial, and then start expanding this towards quarter three, quarter four and first quarter of next year. It is obviously a comprehensive project,” Moolman said.
The chief financial officer, MTN Group, Bret Goschen, said, “We have been engaging with our major original equipment manufacturers (OEMs) and vendors and ensuring that the CAPEX rollout continues as planned. We are very close to finalising short-term arrangements, bridge-type facilities with the vendors, and then longer term arrangements around the ECA-backed credit financing we should have in place by the mid year.”
The chief operating officer, MTN Group, Jyoti Desai, said that they have taken a very detailed analysis of MTN Nigeria’s data usage and where they should be rolling out the LTE network in the first place.
“We looked at the handset ecosystem and revenue opportunity and have identified some of the major cities,” he said.
According to him, MTN Nigeria’s LTE rollout will not impact its CAPEX as it already has space reservation in its joint tower company. He also stated that the LTE will be rolled out in existing base station sites.
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