MTN Invests N1.6trn Into Network As Data Revenue Overtakes Voice

MTN Nigeria Communications Plc has invested more than N1.6 trillion in network infrastructure since the beginning of 2025 as mobile data revenue overtook voice earnings for the first time, underscoring the growing demand for digital services across the country.
The telecom operator said the massive investment was aimed at expanding network capacity, improving service quality and preparing its infrastructure for rising internet usage driven by increasing smartphone adoption and greater reliance on digital platforms by consumers and businesses.
Speaking in Lagos, the company’s chief executive officer, Karl Toriola, said the company invested N620.5 billion in the first half of 2026 alone...