GSM, Mobile Telecommunications, Telecommunications Industry, Nigeria, ECONET Wireless, MTN Com-munications Nigeria Limited, Bureau of Public Enterprises (BPE), Nigerian Communications Commission (NCC), Subscriber Identity Module (SIM), Handsets
PM News . 26 August 2002 . Pg 8
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Summary
Summary may not be accurate; generated by machine learning.
In August 2001, GSM (Global System for Mobile Telecommunications) was introduced in Nigeria, revolutionizing the telecommunications industry. Two major operators, ECONET Wireless and MTN Communications Nigeria Limited, were granted licenses for GSM services after paying $285 million each. The introduction of GSM led to a significant increase in the adoption of mobile telecommunications services in Nigeria, with many individuals and corporate organizations rushing to acquire GSM phones.
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