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

ntel, formerly Nigerian Telecommunications Limited (NITEL), is making an unusual bet in Nigeria’s telecom market: its future lies less in selling phone calls than in leasing the infrastructure behind them. The former mobile operator and subsidiary of NatCom Development & Investment Limited said on Monday, during its relaunch, that it is transitioning into a digital infrastructure company, focusing on towers, fibre networks, power systems and real estate as operators increasingly look beyond subs