Zegtel, a Nigerian virtual network operator (MVNO), intends to invest $21.8 million over the next five years to expand mobile connectivity across the country.
The telco said this investment aims to bridge the digital gap and deliver affordable connectivity to millions of Nigerians who now lack access to telecom services.
The MVNO's ambitious plan comes as Nigeria, like many other developing African countries, works to improve its digital infrastructure, particularly its undersea cables, and increase access to telecom services.
Professor Victor Izegbu, Zegtel executive chairman, said: "We believe that access to reliable telecoms is a basic human right in today's interconnected world. Our $21.8 million investment is a testament to our dedication to bridging the digital divide and ensuring that every Nigerian has the opportunity to connect, communicate, and thrive."
He added: “In other developed markets, subscribers enjoy an extensive array of value-added services on their mobile networks. Unfortunately, in Nigeria, subscribers are mostly exposed to just the basic offering of voice and data. Zegtel is set to change that narrative with our product offerings.”
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