Telecoms Operators to Invest $1.38bn in Network Upgrade, Despite Operational Challenges
Emma Okonji
The Telecom Sector has recorded tremendous growth from an initial investment of $500 million in 2001 when the sector was fully liberalised to over $75.6 billion as at 2025, with a planned investment of over $1.38 billion in network capacity upgrades in 2026 that will enhance resilience, boost coverage and improve quality of service for subscribers.
This was revealed by a NEC member, and Coordinator, Telephone Operators from the Association of Telecoms Companies of Nigeria (ATCON), Mr. Chidi Ibisi, during a stakeholders’ forum organised by NCC in Lagos.
According to him, the planned investment for network upgrades is in line with the recent 50 per cent tariff hike in telecoms, which he explained, helped the operators to raise revenue for further investments across networks.
