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Home African Telecommunications

MTN Nigeria Celebrates 25 Years, Charts Major Landmarks Of Its Journey

by Kingsley Okeke
August 10, 2026
in African Telecommunications
Reading Time: 2 mins read
MTN pays record dividends to investors

MTN Nigeria has marked 25 years since it began commercial operations in the country, running an anniversary campaign tagged “We’ve Come A Long Way” to reflect on a quarter-century of network expansion, subscriber growth, and digital transformation. MTN said the campaign celebrates the millions of stories lived, shared, and connected through one network, highlighting the role of its network in the lives of Nigerians.

From Liberalisation To Market Leadership

MTN entered Nigeria in 2001 following the landmark GSM liberalisation by the Nigerian Communications Commission, at a time when mobile telephony was still a luxury reserved for a privileged few, with unreliable landlines and long waits for basic communication. The company’s chief executive officer, Karl Toriola, described those early years vividly, recalling that twenty-five years ago, making a phone call was a privilege for many Nigerians, who queued at public telephone booths and centres, travelled long distances to deliver messages, and sometimes waited weeks for letters to arrive.

Key Landmarks Over 25 Years

Several milestones stand out across MTN Nigeria’s history:

  • 2001: Commercial launch under the NCC’s GSM liberalisation, introducing mass-market mobile telephony to Nigeria.
  • 2003–2005: Rapid subscriber growth, crossing the one million mark and later expanding to over 4.3 million active users by the end of 2005.
  • 2019: Listing on the Nigerian Exchange (NGX), opening ownership of the company to Nigerian retail and institutional investors.
  • 2022–2023: Rollout of 5G services, with coverage expanding from roughly 3 percent to 11 percent of the population within a year, and the launch of MoMo Payment Service Bank to deepen financial inclusion.
  • 2025: 5G population coverage expanded to 12.8 percent while 4G coverage reached 84.6 percent, and MTN Nigeria became the first telecommunications company on the NGX to surpass ₦10 trillion in market capitalisation. The company also commissioned the Tier 3 Dabengwa Data Centre, described as Nigeria’s largest modular data centre.
  • 2026: The company marks 25 years with connections reportedly climbing from a small base to 92 million connections, one of the biggest infrastructure stories in Nigeria’s modern economy.

The Infrastructure Behind The Growth

Reaching that scale required sustained capital investment rather than SIM cards alone. The transformation demanded billions of naira in network investment, thousands of base stations, fibre links, spectrum, transmission infrastructure, data facilities, and increasingly 4G and 5G technology, sustained by an operator willing to keep investing even as the cost of running a network repeatedly outpaced what consumers were willing to pay for connectivity.

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What The Milestone Signals

MTN Nigeria’s 25-year run tracks closely with the broader arc of the country’s telecom liberalisation, from a market where phone access was scarce to one where mobile connectivity underpins banking, commerce, and daily communication for well over a hundred million Nigerians. With a ₦10 trillion market capitalisation, an expanding fintech arm, and continued 4G and 5G build-out, the company’s next phase looks set to be defined less by basic connectivity and more by how deeply it can embed itself into Nigeria’s digital economy.

Related Techsoma coverage

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  • MTN Launches AI Powered Job Board to Connect African Youth With Employment Opportunities
  • Taara and Liquid Deploy Light Beam Technology to Bridge Lagos Fibre Gaps
Kingsley Okeke

Kingsley Okeke

I'm a skilled content writer, anatomist, and researcher with a strong academic background in human anatomy. I hold a degree...

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