How Hotspot Network built a portfolio of 100 towers in Nigeria

From billboards and BTS programmes to full co-location services

Read this article to learn:

  • The origins and growth of a ‘middle market’ towerco in Nigeria
  • A view of Nigerian towerco economics: lease term, lease rates and the cost of new sites
  • The impact of the potential sale of Airtel, MTN and Etisalat’s Nigerian towers
  • How Hotspot Network is financed and their appetite for investment

Morenikeji Aniye is CEO of Hotspot Network Limited, a ‘middle market’ towerco with more than 100 towers in major Nigerian cities. Morenikeji, who owns 60% of Hotspot Network limited, spent 16 years in various RF Planning and Optimisation roles, including for MTN Nigeria, MTN International and Zain (now Airtel), before becoming CEO of Verreaux Technologies…

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