05 February 2024
The infrastructure aims to increase the transmission capacity of the towers in order to improve the performance of access networks and support the introduction of new generation technologies such as 5G.
“By connecting the towers, IHS Nigeria helps bring fibre infrastructure to the heart of metropolitan areas and support the delivery of digital services to homes, businesses and public institutions in partnership with its customers,” said the company in a statement.
This initiative is expected to help improve the quality and coverage of connectivity services in Nigeria. To meet government expectations, the country needs to invest between US$1.5-2 billion over the next few years to deploy around 60,000km of optical fibre.
The deployment of 10,000km of optical fibre should also enable IHS Nigeria to strengthen the confidence of Nigerian mobile operators, win new contracts and increase its revenues. The company is currently lobbying to recover a lease contract for 2,500 towers that MTN Nigeria withdrew from it and gave to rival American Tower Corporation (ATC).