• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, June 5, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

MTN Nigeria Gets NCC Approval To Lease NTEL Spectrum

Royal Ibeh by Royal Ibeh
3 years ago
in Business
MTN nigeria
Share on WhatsAppShare on FacebookShare on XTelegram

MTN Nigeria has secured the approval of the Nigerian Communications Commission (NCC) to lease Natcom Development and Investment Limited’s spectrum for a 2-year period, starting from May 1st, 2023. 

The deal enables MTN Nigeria to lease two spectrums from NTEL (5HMz Frequency Division Duplex and 10HMz FDD) which cover 19 states in Nigeria. 

The transaction cost MTN Nigeria N4.25 billion, which include taxes, regulatory fees, and auxiliary charges. 

According to a corporate action filed by the telco, the company also disclosed that the telecom regulator has also renewed its 2100MHz spectrum for a period of 15 years, effective from 1 May 2022 to 30 April 2037. 

This spectrum enables the telecom company to continue to provide 3G services on its network. For this spectrum, MTN said, it has also send N58.66 billion to the NCC.  

Speaking on this development, MTN Nigeria CEO, Karl Toriola said: “this is a significant milestone in delivering our Ambition 2025 strategy. The access to NTEL’S 90OMHz and 1800MHz spectrums broadens our spectrum holdings and improves our 3G and 4G user experience as coverage and capacity will be enhanced by utilising these spectrums.” 

Toriola averred that the renewal of its 3G licence for another 15 years, means that, “MTN will not be shutting down its 3G service even as it spends more on expanding its 5G service across the country. This will allow people in rural communities, who cannot afford 4G or 5G phones to continue to enjoy access to the internet on their 3G devices.”

RELATED NEWS

JED Refutes Viral Claims Of Illegal Electricity Tariffs

‘African Energy Bank Misses April Take-off Due To Unpaid Member Capital’

Emirates Recycles, Reuses 88,000kg Of Plastic From Inflight Dining

Globally, the expansion of 5G has pushed internet service providers like AT&T and T-Mobile to shut down 3G service earlier in 2022, and most recently, Verizon and Vodafone have notified customers that they intend to cut off 3G-enabled devices from their networks from December 2022 and December 2023 respectively. 

In Nigeria, MTN was the first telecom operator to launch commercial 5G in September 2022 and the company is further boosting its 3G and 4G services with the latest spending on additional spectrum. 

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works
Royal Ibeh

Royal Ibeh

OTHER NEWS UPDATES

‘Nigeria Requires $23bn To Bridge Electricity Gap In Underserved, Unserved Communities’
Business

JED Refutes Viral Claims Of Illegal Electricity Tariffs

1 hour ago
‘African Energy Bank Misses April Take-off Due To Unpaid Member Capital’
Business

‘African Energy Bank Misses April Take-off Due To Unpaid Member Capital’

7 hours ago
Emirates Recycles, Reuses 88,000kg Of Plastic From Inflight Dining
Business

Emirates Recycles, Reuses 88,000kg Of Plastic From Inflight Dining

7 hours ago
Next Post
Osinbajo Condoles Dutse Emirate, Adebutu’s Family

Nigeria Electricity Market Could Become One Of World’s Best – Osinbajo

Advertisement

LATEST UPDATE

JED Refutes Viral Claims Of Illegal Electricity Tariffs

1 hour ago

Oyo Police Deny Viral False Report Of Death Of Abducted Ogbomoso Schoolgirl

1 hour ago

Gombe Restores 1,000 Hectares Of Degraded Land Through ACReSAL Project

2 hours ago

Osimhen Among World’s Best Strikers, Says Galatasaray Coach

2 hours ago

Yaya Touré Takes 1st Senior Head Coach Role With Slovan Bratislava

2 hours ago
Load More
Advertisement
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.