Telcos to Commit $76bn in Five-Year CapEx

Telcos to Commit $76bn in Five-Year CapEx

African telecom operators will spend $76bn on network hardware over five years. Industry lobby group GSMA expects capital expenditure to peak before 2030. Heavy private spending must boost coverage and service quality across the continent. Mobile networks currently contribute $240bn to African economic output annually. Capital investments drive regional digital expansion. Big corporate bets face…

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Smartphone Boom Drives N1.5tn MTN, Airtel Data Windfall

Smartphone Boom Drives N1.5tn MTN, Airtel Data Windfall

MTN Nigeria and Airtel Africa have amassed a combined data revenue of N1.53 trillion in their latest financial results, propelled by a sharp rise in smartphone adoption and internet consumption. The figures underscore the shifting commercial realities of the country’s telecommunications sector, where digital services are rapidly displacing traditional voice calls as the primary engine…

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