Telecom
Smile Communications Enters Lagos Market with 4G/LTE Network

Smile Communications has commercially launched a 4G/LTE network in West Africa in Lagos, Nigeria, promising users will enjoy an improved smartphone experience, with faster web browsing and downloads, and better network performance.
Ericsson is the primary vendor for the LTE network based on the multi-standard RBS 6000 family of base stations and AIR Antennas, MINI-LINK microwave transmission, as well as the Evolved Packet Core.
Smile Communications announced that the 4G/LTE network runs on 800 MHz spectrum in Ibadan and Lagos, both in Nigeria.
In Ibadan, commercial services were launched in February 2013, making Smile Communications the first to launch this LTE technology in West Africa.
In Lagos commercial services were launched on February 19, 2014, offering an improved mobile broadband experience based on LTE technologies to subscribers. More locations across the country will follow soon.
The primary vendor for the LTE radio network leverages the multi-standard RBS 6000 family of base stations and the compact and fully integrated AIR (Antenna Integrated Radio) Antennas, deployed in West Africa for the first time.
Ericsson is also providing a complete Evolved Packet Core network including Evolved Packet Gateway and Mobility Management Entity.
Tom Allen, Smile, group chief operating officer said, “At Smile Communications, we seek to deliver affordable, high-quality and easy-to-use broadband internet access and communications services to our customers and in Nigeria, Ericsson is helping us do this.
“With successful commercial operations since 2013, we are very excited to formally announce today the commencement of our services and the beginning of a cross-country roll-out. We are starting in Lagos and will lay our footprints in other major cities across the country shortly”.
Smile Communications and Ericsson have a 3-year network deployment agreement to develop over 1,100 LTE sites across the country.
Under the terms of this agreement, Ericsson is responsible for the project management, system integration, interoperability testing, network design and implementation.
Magnus Mchunguzi, vice president, Ericsson sub-Saharan Africa says: “With mobile data traffic estimated to grow 17 times by 2019 and Nigeria currently holding the highest number of mobile subscriptions in sub-Saharan Africa, superior network performance is imperative. As a global HSPA and LTE leader, we are committed to partnering with Smile Communications in meeting this growing demand for enriched broadband experience.”
On his part, Dr. Ernest Azudiala Obiejesi, chairman, Smile Communications, said that investors in Smile’s innovation believe in the Company’s approach to deliver affordable, high-quality and easy-to-use broadband internet access and communications services to its customers across Africa.
Founded in 2007, he added that Smile sources the best technology available in order to create the innovative solutions required to provide world-class, yet cost-effective, communications services across Africa.
Its first commercial network, which provided low-cost voice and messaging services over WiMAX technology, was launched in Kampala, Uganda in November 2009.
We are confident that Smile has the capacity to sustain the investment, especially in fulfilling the customers’ demands. “As technology improved, Smile evolved to focus on mobile broadband internet using 4G LTE technology, and it was with great pride that Smile launched Africa’s first 4G LTE broadband internet service in Tanzania, in March 2012.
“Smile’s Tanzanian customers experience 4G LTE broadband internet service in Dar es Salaam and Arusha, with Dodoma and Mwanza receiving coverage in early 2014. So that gesture is what Smile is here to replicate in Nigeria”.
The Chairman boasted that Nigerians living in Ibadan and Lagos already enjoy the country’s fastest and most reliable 4G LTE broadband internet service, brought to them by Smile.
The Company said that Abuja and Port Harcourt will follow in early 2014.
Similarly, Ericsson is the market leader in LTE. Today, 50 percent of the world’s LTE smartphone traffic is served by Ericsson networks, which is more than double the traffic of the closest competitor.
Present in all high-traffic LTE markets including the US, Japan, South Korea, Australia and Canada, Ericsson has been selected by the top 10 LTE operators, as ranked by LTE subscriptions worldwide.
Telecom
Crypto Exchange MEXC Rolls Out P2P Support for Naira, Birr, and Rupee

In a strategic move to deepen its presence in emerging economies, global cryptocurrency exchange MEXC has launched peer-to-peer (P2P) trading support for three new fiat currencies — the Nigerian Naira (NGN), Ethiopian Birr (ETB), and Pakistani Rupee (PKR). This expansion reflects the company’s increasing focus on localising crypto access in high-growth, underbanked regions.
The addition of NGN, ETB, and PKR to MEXC’s P2P platform enables users in Nigeria, Ethiopia, and Pakistan to trade major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC) directly with their local currencies.
The trades come with zero transaction fees, in line with MEXC’s strategy to lower entry barriers for users and encourage grassroots participation in the digital asset economy.
The update is more than a technical expansion — it underscores MEXC’s recognition of Africa and South Asia as rising crypto frontiers. Nigeria, often cited as one of the world’s fastest-growing crypto markets, and Ethiopia, where digital finance is beginning to surge amid reforms, represent key territories for crypto adoption. Similarly, Pakistan’s growing youth population and fintech appetite offer strong potential for crypto-enabled financial inclusion.
To support the rollout, MEXC is actively onboarding new merchants to its P2P platform. Merchants benefit from zero transaction fees, dedicated customer support, a special verification badge, and invitations to exclusive community events. The goal is to nurture a local network of verified sellers and buyers who can facilitate seamless and trusted crypto trades.
P2P trading — which allows users to transact directly without third-party intermediaries — is especially relevant in markets where banking infrastructure is either insufficient or heavily regulated. By bypassing traditional systems, P2P provides a lifeline for users seeking stablecoins, alternative stores of value, or more flexible remittance solutions.
This latest expansion signals MEXC’s intent to compete aggressively for market share in underserved territories while enabling more users to access and benefit from Web3 technologies. As global exchanges race to localise their services, MEXC’s early moves into fiat integration may prove pivotal in shaping the next wave of crypto adoption across the Global South.
Telecom
MTN Nigeria Unveils CPaaS Platform to Transform Business Communication

At the recently concluded NextNow Business Forum in Victoria Island, MTN Nigeria electrified the business community with a live demonstration of its forthcoming Communication Platform as a Service (CPaaS), a solution engineered to redefine how Nigerian enterprises connect with their customers.
Unlike traditional communication systems, MTN’s CPaaS is built for the realities of a mobile-first market. The platform unifies SMS, voice, WhatsApp, email, and more into a single, intuitive interface. This approach is especially significant in Nigeria, with over 107 million internet users, 45.4% of the total population, according to Data Report. This figure underscores the necessity for businesses to meet customers where they are.
During the demo, attendees witnessed how CPaaS enables two-way, real-time conversations between brands and customers. The platform’s support for rich media, instant analytics, and seamless integration with business workflows drew particular attention. These features are designed to empower businesses with data-driven insights and the agility to personalise every interaction, whether it’s a service notification, marketing campaign, or customer support exchange.
Akinbulejo Onabolu, Head of Enterprise Segment at MTN Nigeria, articulated the vision: “CPaaS gives enterprises the flexibility to interact with their customers on their preferred platforms; whether it’s chat, voice, or messaging, in a way that feels personal and immediate. We’re looking forward to the value this will unlock for businesses across industries once it launches.”
The fireside chat added depth to the conversation, with Omowunmi Olatunbosun, Head of SME Segment at MTN Nigeria, and Stephen Agbi of Bayobab, highlighting how digital engagement bridges the gap between businesses and audiences.
They emphasised that today’s consumers demand immediacy, relevance, and ease, qualities that CPaaS is built to deliver.
The stakes for digital transformation in Nigeria are high. In a report by Punch, the country’s enterprise tech market is projected to reach $22 billion by 2027, reflecting a surge in demand for scalable, cloud-based solutions that drive efficiency and customer loyalty.
The CPAAS Acceleration Alliance have estimated that globally, the CPaaS market is expected to grow from $14.7 billion in 2025 to $72.4 billion by 2035, at a compound annual growth rate of 18.4%, a testament to the platform’s transformative potential.
The event’s closing keynote from META’s Korhan Yunak reinforced the strategic value of digital channels like WhatsApp, which are now indispensable for business communication and engagement at scale.
As MTN Nigeria prepares for the Q3 2025 launch, the anticipation is unmistakable. With its promise of flexibility, intelligence, and seamless integration, MTN’s CPaaS platform is set to become the backbone of next-generation business-customer engagement in Nigeria, enabling enterprises to not just communicate but to connect, adapt, and grow in a digital-first era.
Telecom
MTN Mulls Establishment of Fintech Firm in Nigeria, Others

MTN Uganda is seeking input from stakeholders on a plan to structurally separate its mobile money service, MoMo, from its core telecoms business.
According to the company, the proposed change will be discussed at the upcoming extraordinary general meeting on July 2.
If approved, the telco’s fintech business will be run by a new company controlled by MTN Group Fintech Holdings B.V. and a trust benefiting minority shareholders following a merger.
Additionally, the restructuring also aligns with MTN Group’s ambition 2025 strategy which aims to unlock value, attract new investors, and strengthen regulatory compliance by creating standalone fintech entities in Uganda, Ghana, and Nigeria.
The company’s fintech division has over 13 million customers, with an 18.4% revenue increase in the first quarter of 2025, driven by 19.0% growth in mobile money services, 19.8% growth in transaction volumes, and a 31.4% increase in transaction value.
Reports say the decision is part of the telco’s compliance with the National Payment Systems Act 2020, which mandates mobile money businesses to operate as standalone entities, and to align with MTN Group’s regional fintech strategy.
MTN Uganda, which is led by CEO Sylvia Mulinge, highlighted that the implementation of the proposed transaction will be subjected to a number of conditions and regulatory procedures.
“The implementation of the proposed transaction shall be subject to a number of conditions, including the company and MTN MoMo receiving all required regulatory approvals and no-objections and complying with any regulatory conditions,” said MTN Uganda in notice.
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