Telecom

Nigeria: Globacom reaches network expansion deal with Ceragon Networks

Nigeria: Globacom reaches network expansion deal with Ceragon Networks
Wednesday, 02 February 2022 15:20

Globacom, which holds the second-largest share of the Nigerian telecom market as of November 2019, is ramping up investments to take the top spot. To achieve this goal, the company will have to overtake its rival MTN, which has further strengthened its position as the market leader.

Mobile operator Globacom Limited (Glo) announced it has signed a network expansion agreement with Ceragon Networks Limited, a network equipment provider specializing in wireless backhaul solutions. The telecom company will leverage the technologies of its technical partner to improve the reach and quality of its services.

Doron Arazi, CEO of Ceragon Networks, said the partnership will help Globacom get ready for 5G. Ceragon Networks' solutions will provide the beneficiary with 10 gigabits per second (Gbps) of network capacity over the air, with the ability to upgrade to 20 Gbps, if necessary. This capacity will strengthen the long-distance rural network, high-capacity metropolitan networks, and access network.

This network extension project is in line with Globacom’s ambition to build the best telecom network in Nigeria. The company operates in a highly competitive environment. In October 2021, it signed a multi-year contract to purchase wholesale telecom capacity from Eutelsat Communications to provide quality connectivity in rural areas.

Once deployed, the technologies that Ceragon Networks will provide to Globacom will help reduce its investment in telecom infrastructure. Their implementation will also enable the telecom operator to rapidly grow revenues.

Isaac K. Kassouwi

On the same topic
UNCDF, Co-op Bank Kenya sign guarantee to boost digital lending Risk-sharing aims expand financing access for startups, platforms Deal supports...
Côte d’Ivoire plans 15 agri-tech hubs to support women in agribusiness The centers will focus on processing, training, and digital tools The project’s...
Kenya becomes the first African country to establish a formal digital dialogue framework with the European Union. The partnership targets...
Angola’s parliament unanimously approved a startup law to address legal gaps and support innovation. Authorities set a $3.5 million annual...
Most Read
01

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
02

Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...

Telecel Ghana plans 150% investment increase in MTN-dominated market
03

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
04

Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...

Namibia and Russia Expand Economic Cooperation Across Key Sectors
05

Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...

Cameroon Signs $1.5 Billion Waste-to-Energy MoUs Amid Urban Sanitation Strain
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.