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Nigeria


Nigeria has a population of 169 million people and geographically covers 924,000 square Kilometres (of which 13,000 sq. Km is covered by water). 50% of the population live in rural areas. As of 2013, approximately 75% of the population and 40% of the land area are covered by at least one of the 9 licensed mobile network operators, and by 2015 this is projected to increase to 93% population and 50% land area coverage. This means that by 2015 there will still be nearly 500,000 sq. Km of land area and nearly 12 million citizens of Nigeria outside the reach of essential telecommunications services. According to studies by The World Bank, all of the population can be served economically by mobile network service.

AMN is investing $83 million to build 700 mobile network base stations in Nigeria. Each of these will be connected to one of the licensed operators. The AMN network will serve a total population of 6 million people (4% of the population), with an average of 8,700 people served by each base station and generating an estimated 2.9 million new mobile subscribers worth circa $94 million per year in gross airtime revenues.