MTN Ghana Expects To Exceed $1 Billion In Investment By 2026

Joseph-Albert Kuuire
By Joseph-Albert Kuuire 2 Min Read

MTN Ghana CEO Selorm Adadevoh said his unit is expected to exceed the $1 billion infrastructure investment target it set out in 2021 by 2026.

By The Numbers

Selorm Adadevoh stated that MTN Ghana will spend around US$650 million this year in boosting connectivity.

MTN’s 4G coverage in Ghana currently stands at 99.3% and 2G/3G is 99.5%. “This year, we hope to expand to 350 new sites and 4G sites to about 1,000. We also intend to invest massively in our infrastructure,” said Adadevoh.

We should deliver on average 5MB per second for any 4G transaction at the minimum,” he added, while also admitting the network struggles for 3G connections due to high usage, particularly at peak hours which has seen people fail to connect.

On fibre, the operator has around 9,000km laid down with this network to also see extensions, as fibre is a key component to digitalisation, noted the CEO.

Investment In the Western Region

The company is aiming to invest in the western region of Ghana to cut down fibre downtime and improve service.

The operator faces challenges from “illegal” and “irresponsible” mining which cut into fibre cables.

Around 35km of cables have been laid in the west this year.

Source: Developing Telecoms

Follow us on our WhatsApp CommunityTwitter, and Instagram, and subscribe to our weekly newsletter to ensure you don’t miss out on any news.

Joseph-Albert Kuuire is the creator, editor, and journalist at Tech Labari. Email: Twitter: @jakuuire
Leave a comment

Thoughts? Opinions? Leave a comment!

This site uses Akismet to reduce spam. Learn how your comment data is processed.