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 Thursday, July 15, 2010

Mobile operator Etisalat Nigeria has announced it has attracted four million active wireless customers since it launched commercial services in October 2008, local newspaper Daily Champion reports. The company has gradually expanded coverage of its GSM network, which is currently available in all 36 states and the Federal Capital Territory, Abuja. CEO of Etisalat Nigeria, Steven Evans, noted: ‘We are glad to be able to make such a momentous announcement like this after less than two years of commercial operations in Nigeria's highly competitive environment, especially given our position as the fifth entrant into the dynamic Nigerian telecoms market.’ According to TeleGeography’s GlobalComms Database, Etisalat Nigeria is 40%-owned by UAE incumbent Etisalat, with 30% owned by UAE government investment vehicle Mubadala Development Company, and the remainder by Nigerian investors.

Source: TeleGeography