South Africa: MTN to Jack Up Networks as Congestion Bites

source: allAfrica
Business Day (Johannesburg)
29 August 2008
Posted to the web 29 August 2008
Lesley Stones
Johannesburg

CELLULAR operator MTN is making heavy investment in its networks a top priority, aiming to sink almost R25bn into its infrastructure by the end of this year.

Congestion on its networks in Nigeria has cost it market share, and its operations in other countries also risk losing ground because they are unable to keep pace with demand, CEO Phuthuma Nhleko said yesterday.

Since its subscribers have soared 53% to 74,1-million compared with 43,3-million a year ago, its operations are taking strain.

MTN has approved capital expenditure of R30,5bn for the year, with R7bn earmarked for jacking up its network in SA and [continue reading]



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