MTN Ghana on track to invest $1bn in network by 2026

MTN Ghana on track to invest $1bn in network by 2026

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

Ghana News Agency reported, the chief executive added 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.

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.

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