Mafab Communications, a Nigerian telecom firm backed by businessman Musbahu Muhammad Bashir, has finalized the transfer of key 5G assets to MTN Nigeria. The move marks the culmination of a five-year investment period that began with a $273.6 million commitment. The assets include infrastructure and technology necessary for expanding 5G services across Nigeria.
The transfer is expected to enhance MTN's 5G capabilities and support the country's digital transformation. Mafab had been developing the 5G network as part of its strategic expansion plans. The partnership aims to improve connectivity and service quality for Nigerian users.
The deal reflects growing collaboration between local and international telecom players in Nigeria. It also aligns with government efforts to boost digital infrastructure. The exact timeline for full 5G service rollout remains under review.
The transfer underscores the evolving landscape of telecommunications in Nigeria, with major players investing in next-generation networks.
