MTN Group and Airtel Africa have signed a network-sharing agreement in Nigeria and Uganda to cut costs and expand coverage in underserved areas. Faced with economic challenges like currency devaluation and rising operational expenses, both telecom giants aim to share towers, base stations, and fiber-optic networks to optimize investments. The deal is particularly timely for Nigeria, their largest market, as it will help them fulfill regulatory demands for improved service, which was a condition for the country’s communication watchdog to approve recent tariff hikes. Beyond Nigeria and Uganda, the two companies are also exploring similar collaborations in other African countries, including the Republic of the Congo, Rwanda, and Zambia.
Source: Techcabal
