Why Nigeria's ntel is pivoting from telecom operator to infrastructure company

For Soji Maurice-Diya, CEO of ntel, the company's pivot from a telecom operator to an infrastructure company means new opportunities and challenges. The stakes are high for the former mobile operator, which has struggled to compete with larger rivals and eventually fell into financial distress. Now, with backing from Asset Management Corporation of Nigeria (AMCON), ntel is betting big on its infrastructure assets to generate long-term revenue. This unusual move comes as no surprise, given the growing trend of telecom operators making more money from their networks than from phone calls.

Ntel's decision to focus on towers, fibre networks, and real estate marks a significant shift in the company's strategy. With over 600 telecom towers, ntel is now looking to commercialise its communications infrastructure, joining a growing list of companies that are cashing in on the increasing demand for mobile connectivity. The company's fibre networks, including valuable assets acquired from NATCOM Consortium, will also play a crucial role in its new strategy. However, this move raises questions about ntel's ability to compete with larger players in the industry. Will the company's infrastructure assets be enough to turn the tide in its favour?

With backing from Asset Management Corporation of Nigeria, ntel's turnaround is being closely watched in the industry. AMCON's involvement raises questions about the company's long-term prospects and the potential risks involved in its new strategy. While AMCON's support is crucial, it remains to be seen whether the company can execute its plans effectively and deliver on its promises.

In conclusion, ntel's pivot from a telecom operator to an infrastructure company marks a significant turning point in the company's history. With its infrastructure assets, including towers, fibre networks, and real estate, ntel is betting big on a new strategy that could pay off in the long run. However, the company's ability to execute its plans and compete with larger players in the industry remains a challenge that will be closely watched in the coming months. Soji Maurice-Diya will have his work cut out for him as he navigates this new landscape, but the potential rewards are substantial.