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  • Tech - News - Tech Companies
  • Updated: August 29, 2023

MTN Nigeria, Seplat Energy Join Forces For 5G Business Solutions

MTN Nigeria, Seplat Energy Join Forces For 5G Business Solut

MTN Nigeria and Seplat Energy have inked a '5G2Business' Memorandum of Understanding (MoU) to provide 5G services to help businesses optimise their operations.

The 5G2Business MoU attests to exceptional developments in enterprise digital transformation, according to a statement from the telecom operator.

It goes on to say that 5G would allow organisations to gain new efficiencies, automate processes, optimise operations, and boost innovation and productivity to new heights.

MTN stated that Seplat's deployment of 5G services demonstrates the company's determination to lead the digital revolution in Nigeria's oil and gas sector.

With its low latency that enables Internet of Things (IoT) technologies and smart corporate operations, 5G technology is fueling the Fourth Industrial Revolution globally.

Chief Enterprise Business Officer of MTN Nigeria, Lynda Saint-Nwafor, commented on this partnership as follows:

“We are thrilled to join hands with Seplat Energy to spearhead the integration of intelligent digital technologies into industry processes in Nigeria.

"With this partnership, we open new vistas of possibilities, empowering enterprises to embrace cutting-edge technologies and digitally transform their day-to-day operations.

"While revolutionizing the energy sector, this collaboration is set to deliver great value to Seplat Energy’s stakeholders.”

In agreement, Charles Gbandi, Director, of Corporate Services at Seplat Energy said,

“We are excited to embark on this transformative journey with MTN Nigeria as this collaboration is a game-changer for our industry. As a sustainable business, this partnership marks a significant step forward in embracing 5G technology’s vast potential, and we believe it will empower us to drive innovation, efficiency, and growth in the energy sector.”

Two other firms, MAFAB and Airtel Nigeria, have also deployed the same technology this year. MTN Nigeria was the first telecom provider to debut 5G in the country last year.

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has stated that as the operators expand the service, e-commerce platforms and fintechs in Nigeria will greatly benefit from 5G.

This is despite the fact that the major corporations have already connected to the technology.

He said that small and medium-sized businesses (SMEs), particularly fintech and e-commerce companies, are actively extending Nigeria's digital ecosystem by utilising the country's telecoms infrastructure, which is being enhanced by the introduction of new technologies.

The head of the NCC highlighted that current initiatives to increase broadband penetration and the rollout of 5G would enhance the services provided by digital SMEs.

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