14 November 2024
Wireless Technology Labs (WTL) was recently chosen by MobileCoreX Ltd (MCX), a Nigerian mobile virtual network enabler (MVNE), to spearhead the development of the country’s first mobile virtual network.
WTL says this initiative aims to enhance mobile connectivity for Nigeria’s more than 220 million people, addressing the current challenges of low broadband penetration and poor quality of service. It is described as a landmark deal valued at millions of US dollars over the next three years.
Nigeria’s telecom sector is predominantly dominated by four major operators but only 29% of Nigerian’s population regularly accesses the mobile internet, due to poor coverage and a variety of other issues. With this in mind, early in 2023 regulator the Nigerian Communications Commission (NCC) adopted a new strategy to boost coverage and adoption. It issued 43 mobile virtual network operator (MVNO) licenses to amplify service coverage, particularly in unserved and underserved regions.
Among the new licensees was MCX which obtained a tier 4 MVNE license aimed at constructing new mobile network infrastructure to provide capacity for emerging MVNOs as a platform as a service. MCX says it empowers MVNOs and businesses to excel in the competitive telecommunications sector without requiring substantial investments in network infrastructure.