Airtel, MTN Sign Mobile Phone Network Infrastructure Sharing Deal In Nigeria, Uganda

Airtel, MTN sign mobile phone network infrastructure sharing deal in Nigeria, Uganda. MTN Group and Airtel Africa have agreed to share mobile phone network infrastructure in Nigeria and Uganda. Statements by the duo on Wednesday said the agreement is aimed at saving investments while still increasing service coverage.

Mobile operators in Africa are seeing sustained demand for digital and financial services, but building and maintaining networks is expensive, especially for fast 5G connections. The companies also said they will explore various opportunities in other markets, including Congo-Brazzaville, Rwanda and Zambia.

Among the deals under consideration are radio access network sharing, the largest portion of the cost in network deployment and operation; commercial and technical agreements for fibre infrastructure sharing; and, if necessary, the construction of fibre networks, they added.

The companies said, “This engagement does not preclude the parties from collaborating with other operators in any respective market.”

Mobile Phone Network Infrastructure

Speaking on the agreement, MTN Group CEO Ralph Mupita in a statement said “As MTN, we are driven by the vision of delivering digital solutions that drive Africa’s progress. “We continue to see strong structural demand for digital and financial services across our markets.

To meet this demand, we continue to invest in coverage and capacity to ensure high-quality connectivity for our customers.

That said, there are opportunities within regulatory frameworks for sharing resources to drive higher efficiencies and improve returns.”

DisCos Generate ₦509bn Despite Frequent Grid Collapses: NERC

DisCos generate ₦509bn despite frequent grid collapses: NERC. Electricity consumers paid ₦509.84 billion in Q4 2024, even as Nigeria experienced five grid collapses within the period, according to the Nigerian Electricity Regulatory Commission (NERC).

NERC reported three total and two partial grid collapses in Q4, contributing to the 12 outages recorded throughout 2024.

Despite this, revenue collection by electricity distribution companies (DisCos) rose from ₦466.69 billion in Q3 to ₦509.84 billion in Q4, with collection efficiency improving by 2.89 percentage points.

Eko and Ikeja DisCos had the highest collection efficiencies at 90% and 82.3%, respectively, while Jos Disco recorded the lowest at 49.68%.

DisCos Generate

NERC attributed the revenue boost to reduced energy offtake and improved metering, noting that over 4,000 Band A customers were metered under the Meter Acquisition Fund (MAF) scheme.

Meanwhile, two partial grid collapses have already occurred in Q1 2025, deepening power supply challenges for consumers.

FIFA Announced $125m Prize For 2025 Club World Cup Winner

FIFA announced $125m prize for 2025 club world cup Winner. FIFA has announced that the winner of the expanded 2025 Club World Cup in the United States will receive up to $125 million in prize money. The tournament, running from June 14 to July 13, has a total prize pool of $1 billion, with $525 million allocated for participation and $475 million distributed based on performance.

European teams will receive between $12.81 million and $38.19 million each, while South American clubs will get $15.21 million.

Teams from North and Central America, the Caribbean, Asia, and Africa will earn $9.55 million, and Oceania’s Auckland City will receive $3.58 million.

FIFA

FIFA President Gianni Infantino highlighted that this is the highest prize money ever awarded for a group-stage and knockout competition, with an additional $250 million set aside for global football development.