MTN Nigeria Thumbs ATC 2,500 Sites Contract

 

Olabisi Olaleye 

MTN Nigeria disclosed that the 2,500-site tower contract awarded to ATC has been finalized after a very fair and transparent procurement process.

 The company’s Chief Corporate Services and Sustainability Officer Tobechukwu Okigbo said, “The agreement with ATC over the 2,500 sites is final, having gone through a rigorous process involving our highest governance approvals.

Our preference is always for bilateral renewal, subject to competitive pricing and terms. In this instance the ATC proposal was superior.”

Over allegations that contracting the sites to ATC would lead to network disruptions, Okigbo dismissed and explained that Such allegations are factually incorrect and misleading. Tower transfers between two infrastructure companies do not necessarily lead to network disruption.

 He reiterated that there was no truth in several reports in the open media about receiving any revised offer from IHS.

“We announced in September that the lease for the 2,500 sites (which was due to expire in 2024 and 2025).MTN would continue to engage constructively with IHS on further opportunities that arise, including the renewal of the next vintages of towers that come up for renewals in 2025.

“Other opportunities for value optimization will arise and we will undertake a similar exacting process. We are hopeful that participating parties including IHS will present a compelling proposition,” Okigbo said.

MTN expects ATC to adhere strictly to NCC guidelines and NESREA regulations on deploying telecom sites.