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Bharti Airtel Bets on Nigeria Broadband to Chase Down MTN

  • Indian company partners with ZTE of China on 4G services
  • Says improved dollar supply helping network expansion plans
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Bharti Airtel Ltd.’s Nigeria unit said a partnership with China’s ZTE Corp. to provide 4G high-speed broadband will see it add subscribers and narrow the gap with market leader MTN Group Ltd. in Africa’s most populous country.

The Indian company is seeking “to lead the industry in terms of new customer acquisition,” Chief Executive Officer Segun Ogunsanya said in an interview in Lagos, Nigeria’s commercial hub. Airtel will start to move subscribers to the 4G service from 3G “in the next three to four months,” he said.