MTN Nigeria has signed a ‘5G2Business’ Memorandum of Understanding (MoU) with Seplat Energy to deploy 5G services to facilitate business optimization.
According to a statement from the telecom company, the 5G2Business MoU attests to unprecedented advancements in business digital transformation.
It added that 5G will enable businesses to unlock new efficiencies, automate processes, optimize operations, and propel innovation and productivity to new heights.
MTN said Seplat’s adoption of 5G services is a testament to the company’s drive to lead the digital revolution in the oil and gas sector in Nigeria. Globally, 5G technology is powering the 4th Industrial Revolution with its low latency that facilitates Internet of Things (IoT) technologies and smart business operations.
Speaking on this collaboration, Lynda Saint-Nwafor, Chief Enterprise Business Officer of MTN Nigeria, stated:
In agreement, Charles Gbandi, Director, of Corporate Services at Seplat Energy said,
5G in Nigeria
While MTN Nigeria was the first telecom operator to launch 5G in the country last year, two other companies, MAFAB and Airtel Nigeria, have also deployed the same technology this year.
While the big companies are already connecting to the technology, the Executive Vice Chairman of the Nigerian Communications Commission (NCC) Prof. Umar Danbatta, recently declared that e-commerce platforms and fintechs in Nigeria would benefit immensely from 5G as the operators expand the service.
According to him, Small and Medium Enterprises (SMEs), especially fintech and e-commerce firms are currently expanding the digital ecosystem in Nigeria by riding on telecoms infrastructure, which is being improved upon through the deployment of new technologies.
The NCC boss noted that ongoing efforts to deepen broadband penetration and the deployment of 5G would further boost the services of digital SMEs.