$300m Plan on network expansion by Airtel

NIGERIA: Bharti Airtel is planning to spend $300 million on expanding its network this year as it targets growth in its Nigerian customers.

 

Segun Ogunsanya, head of the Nigeria unit stated that: “We plan to spend about $300 million expanding Airtel’s network and services in the country this year. We have invested so much in marketing research to see what the customers want and we are delivering on those expectations.”

According to Bloomberg, Airtel plans to increase subscribers in Africa’s biggest economy to 30 million by the end of the year.

“I’m very optimistic that there are no encumbrances against growth so I’m sure we’re going to reach the 30-million mark. Despite the environment and the issues we face, I think we’re still giving relatively good service to our customers,” said Ogunsanya.