Friday, June 14, 2024
No menu items!
Ad

Top 5 This Week

bama cap

Related Posts

MTN to Invest $20 Million to Improve Services in Rwanda

- Ad-
Share this

MTN_Logo_onlyVicky Ojo

Rwanda’s largest telecoms company, MTN has announced plans to invest $20 million to improve its services and further retain its position as the nation’s leading telecommunications company. This was announced by the network’s Chief Executive Officer, Ebenezer Asante.

Over the past 5 years, he said the network has invested about $200 million since 2009. He added that it is ready expand its coverage across the country.

- Ad -

On the sale of the network’s towers last year, he said the decision was reached as a way of reducing its operational costs and focusing on data distribution and voice services.

He said: “The past year was the right time for MTN Rwanda to sell off its towers and focus on what we do best.”

- Ad-

Last year, the network had more than 3 million subscribers, representing about 74% of the market and its subscriber base increased by 5%.

The value of its share also increased by 70% as data revenue grew by 27% as a result of the increasing use of smart phones.

- Ad -

MTN Mobile Money users in Rwanda also grew, crossing the 1 million users mark as the company plans to launch a cross-border money transfer service.

Share this
- Ad -

Popular Articles