[Ooops] MTN CEO Admits Etisalat is Currently 'Better'

MTN Group has provided a negative outlook for its operations in Nigeria according to Reuters.
The company confirmed amongst others that its position as number on in its biggest market is now being threatened by a far superior Estisalat.
But poor network quality in vital areas of the capital Abuja and in the commercial hub Lagos, has prompted its more affluent clients to switch to Etisalat.
MTN’s Chief Executive, Sifiso Dabengwa, was frank about the network superiority of the Gulf’s second-biggest mobile phone operator.

“The key issue really for us has been to improve the data quality and speeds,” Dabengwa told reporters and analysts at the company’s results presentation. “Clearly, Etisalat’s network, from a data point view, has been better than ours.”

MTN will use the bulk of a 19 billion rand ($1.5 billion) spending package for the rest of this year to expand high-speed networks in Nigeria and South Africa, where rivals such as Vodacom Group and Cell C have slashed voice tariffs to gain market share.
Source Reuters