Etisalat to spend $400 million on infrastructure upgrade

Etisalat Nigeria plans to spend over $400 million on network expansion across the country as part of its 2013 budget.

The Chief Executive Officer of Etisalat Nigeria, Steve Evans, said the company would be investing more in both 2G and 3G networks in rural and urban centres respectively in 2013, adding that with about 3,500 Base Transceiver Stations (BTS) across the country, Etisalat would target 20 million active subscribers by the end of next year.

myfinancialintelligence.com