MTN Targets 43m Households With Home Broadband Services

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MTN Nigeria Trades N149 billion In Shares For Cash Dividends
MTN Nigeria Trades N149 billion In Shares For Cash Dividends

MTN has launched home broadband services targeting 43 million households and 40 million medium and small-scale enterprises (MSMEs) in Nigeria.

Besides, MTN said this service is also in line to accelerate broadband penetration in alignment with the Federal Government’s plan to achieve over 70 per cent broadband penetration by 2025.

At the unveiling in Lagos on Wednesday, the telecommunications company noted that with over 200 million people, Nigeria currently boasts of approximately 44.3 per cent Internet connectivity, whereas other African countries, such as South Africa, Egypt, and Kenya, are at 68, 74, and 48 per cent Internet penetration, respectively.

It added that global technology statistics closely link Internet connectivity to sustainable economic growth rates. According to it, on average, the Internet accounts for almost four per cent of GDP across the large economies that make up 70 per cent of global GDP.

MTN said UNICEF also projects that nations with low broadband connectivity have the potential to realise up to 20 per cent GDP growth by connecting schools to the Internet.

The telecoms firm currently connects over 70 million Nigerians (over seven per cent 4G population and 89.8 per cent coverage nationwide).

With MTN’s Fibre-to-the-Home (FTTH) and the latest Fixed Wireless Access (FWA) Home Broadband services, millions of Nigerian households, with approximately 50 per cent located in rural areas, will have access to reliable and ultra-fast broadband services to enjoy unlimited data plans, ability to connect multiple devices and share data across remote locations for online learning, working from home, streaming, gaming, smart home solutions among others.

Chief Operating Officer, MTN Nigeria Communications PLC, Hassan Jaber, noted that “At MTN, we believe that everyone deserves the benefits of a modern, connected life; hence our investment in industry-leading connectivity operations.”

General Manager, Fixed Broadband, MTN Nigeria Communications PLC, Onyinye Ikenna-Emeka, said customers now have enhanced access to dedicated 24/7 support and online channels to place orders for MTN Home Broadband with options for home delivery.

According to her, customers can also enjoy truly Unlimited Data bundles, longer tenure data plans with the flexibility to share data with multiple users remotely as well as enhanced data subscription channels including the myMTN App.