MTC’s investment in Celtel Nigeria to reach USD$2.5 billion, customer base to reach 12 million by end of 2007

His Excellency Chief Olusegun Obasanjo, President of the Federal Republic of Nigeria met with the Managing Director / Deputy Chairman of the MTC Group, Dr. Saad Al Barrak, in Abuja to discuss a wide range of issues regarding telecommunications in Nigeria. Dr Al Barrak underscored MTC’s commitment to Nigeria pledging to invest up to US$ 2.5 billion in Celtel Nigeria by end of 2007. His Excellency Chief Obasanjo emphasized the importance of telecommunications for the ongoing development of Nigeria.

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Oluniyi D. Ajao
Oluniyi D. Ajao is an Internet Entrepreneur and Tech Enthusiast. Follow him on X (fka Twitter) @niyyie for more tech updates.

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