ntel Relaunches: Plotting a Telecom Comeback in Nigeria by 2026
ntel, the Nigerian telecom venture under NatCom Development & Investment Limited (NATCOM), is staging a comeback. Bolstered by fresh, undisclosed capital, the company is planning to relaunch its operations in the first quarter of 2026. This significant investment, orchestrated by the Asset Management Corporation of Nigeria (AMCON), marks a pivotal step in ntel’s recovery from financial difficulties and its ambition to reclaim a position in Nigeria’s fiercely competitive telecom sector. This development holds significant implications for the future of mobile services in Nigeria.
Rebuilding and Restructuring: The Road to Revival
The infusion of capital comes approximately a year after AMCON took complete managerial control of ntel, following the operator’s bankruptcy in 2024. Sources close to the situation indicate that the new funding will be crucial for rebuilding ntel’s network infrastructure. This encompasses restoring both data and voice services, critical elements for any telecom provider in the Nigerian market. Furthermore, the investment will facilitate the implementation of a new, streamlined business strategy. The relaunch is also linked to a broader plan that will ready ntel for AMCON’s eventual exit. Currently, the Asset Management Corporation of Nigeria has a controlling 55% stake in the company. AMCON was unavailable for comment on the matter.
ntel’s planned relaunch in 2026 highlights the dynamic nature of the African telecommunications landscape. As the company rebuilds, industry watchers will be keen to observe its strategic approach and its ability to regain the trust of Nigerian consumers in a market saturated with competitors.
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