Nitel (MTEL) GSM Network Expansion, Nigeria
Key Data:
Construction Started
2001
Project Type
GSM Network
Location
Nigeria
Estimated Investment
Over $100m; an additional $75m, the company also sold in July 2006 for $750m to Transcorp a Nigerian conglomerate. Transcorp intend to invest $1m into the network
Completion
2006
Subscribers
Over 120,000
Key Players:
Sponsors
Nitel and Nigerian Communications Commission, Transcorp
Lead Contractors
Motorola Inc, Ericsson, ZTE, Medallion Communications and Intec Software
Financing
Nigerian Government, Transcorp
