Celtel Nigera To Spend US$1bn On NetworkFebruary 2008 | Company News Alert
Celtel Nigeria, a 65%-owned subsidiary of Zain of Kuwait, will spend approximately US$1bn in 2008 to improve network capacity, resilience, reliability, power, security and operational performance. Celtel Nigeria has experienced severe network congestion in recent months, resulting in periodic service unavailability and a decline in overall service quality. The same problems have affected its peers, including MTN Nigeria, as huge demand for services has swamped the country's main mobile operators. Theft and vandalism have also impaired network performance.
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