MTN Group to spend $3 billion on upgrades in Nigeria

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This was reported in South Africa’s Business Day newspaper on Friday.

“We will continue to invest at this rate in the medium term and make sure the overall quality of service in acceptable,” the paper quoted Chief Executive Sifiso Dabengwa as saying.

MTN has operations in nearly two dozen countries across Africa and the Middle East. An MTN spokesman could not immediately be reached for comment.