Wednesday, 26 March 2014

MTN to Spend 311 Million Ghana Cedis to Improve Network Quality

Mobile operator, MTN is set to invest GH¢311 million to improve network quality and carry out some expansion works for this year. The plan was contained in MTN's Group’s financial performance for last year.

The result also showed that the operator still leads the industry with 12.9 million subscribers accounting for a little over 50 per cent of total mobile market. The recent surge in usage of internet data also appears to benefiting MTN greatly, as it contributed about 80 percent of the total revenue for the mobile operator for last year and also accounted for almost 5 million of their subscribers

The mobile network operator says "efficient execution of our extensive capital expenditure (capex) programme significantly improved network quality and capacity, and facilitated higher voice and data traffic."
Commenting on MTN Group results, Group President Sifiso Dagbenwa said, “MTN is focused on delivering a distinct customer experience by improving network quality and capacity as well as providing value-added products targeted at our different customer segments. We continue to transform our organisation through cost optimisation and increasing operational efficiency which will help the delivery of sustainable returns for all our stakeholders.”

He stated that MTN is committed to working towards its "vision to lead the delivery of a 'bold, new Digital World' to our customers and made good progress in the execution of our strategy in 2013."

"Over the medium term, our priorities are driving growth beyond voice, creating a distinct customer experience while ensuring that we optimise costs", he adds. Ag CEO Cynthia Lumor, commenting on Ghana's performance said, “as market leaders we are happy to see the sustained growth in our business. We are committed to the continuous improvement of the network and we will continue to partner with the relevant stakeholders to ensure we exceed the expectations of our customers."


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