Business
Nokia, Samsung Phones Up For Grabs in MTN Device Financing Promo
![Samsung Phones](https://theeagle.com.ng/wp-content/uploads/2024/05/mtn-samsung.jpg)
Quality Nokia and Samsung phones are up for grabs in a device financing promo ran by telecommunications giant, MTN.
The company has described the scheme as “The most affordable and flexible way to upgrade your smartphone devices!”
Affirming its understanding of the difficulty it could get getting dream phones, due to financial constraints, “MTN Device Financing provides the most convenient and affordable means of upgrading your mobile device to a new world of the smartphone experience.
“With our device financing scheme, you can get a smartphone of your choice by making an initial deposit of the cost of the smartphone and conveniently spread the balance over a period of 6 to 12 months”, the company says.
information from MTN shows that the device financing promo covers majorly Nokia and Samsung phones, two leading phone brands in the market.
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With just N17, 000 upfront deposit for example, one could bid for the Samsung A03 Core (2GB RAM/32GB phone.
The rest of the amount due would however be spread over a period of 6months within which one could be paying as low as N3, 689 weekly.
For Samsung AO3/33/32 category, upfront deposit of N21, 000 would do, and subscribers could now N4, 186 weekly.
The device financing promo also accommodates Nokia models like Nokia C21+2/64, and Nokia C30 2/32
Subscribers interested in the first one, for example, should be able to make an upfront deposit of N22, 000 and pay the rest of the money over 6 months
For the Nokia C30 2/32 however, N26, 000 upfront deposit is required with the balance of the payment spread over 6 months as well.
All the offerings include a 150 MB of data weekly for the 6 months payment period.
Away from Nokia and Samsung phones, and in fact, device financing promo, MTN Nigeria says, it has fully barred a total of 8.6million lines from its network in line with the Nigerian Communications Commission (NCC) directives relating to SIMs not linked to subscribers National Identification Number (NIN).
The Eagle reports MTN Nigeria’s CEO, Karl Toriola, stating this in its first quarter (Q1) 2024 financial report.
“During the quarter, we also continued to manage the effects on our business of the industry-wide directive of the Nigerian Communications Commission (NCC) for a full barring of subscriber lines not linked to their National Identity Number (NIN) – the NIN-SIM directive”, the CEO said.
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“This impacted the development of our user base across all of our key business units (voice, data, and fintech) in Q1 2024.
“Although we had to fully bar 8.6 million subscribers in line with the directive, we minimised the net effect of the barred subscribers, and our total number of subscribers only decreased by 2 million in Q1, closing with a total of 77.7 million subscribers.”