MTN Ghana spends $138m on capital investment – Official --[Reported by Umva mag]

The Chief Corporate Services Sustainability Officer of MTN Ghana, Adwoa Afriyie Wiafe, has said that the telecommunication giant has spent a total of $138 million in capital in­vestment since the beginning of this year to improve its services.

Ms. Wiafe told journalists at a media forum on the operations of the com­pany on Wednesday in Accra that the amount was mainly expended in the area of new radio infrastructure to increase the company’s cell sites to serve as a boost for its communication information infrastructure as well improve on its digital services.

She disclosed that MTN Ghana has budgeted $1 billion in capital investment in the next five years.

According to her, MTN Ghana is on track with its capital investment programme and that the cap­ital investment is necessary to help reduce the cost of connec­tivity through the expansion of the network of the company.

She added that the company had constructed about 5,000 cell sites across Ghana as part of the investment in radio infrastructure.

Speaking on the current challenges customers are expe­riencing in accessing voice and data services, she said that it was as a result of the infrastructure upgrade being executed by the company across the country, starting from the Great­er Accra Region.

The report by the Ghanaian Times on Wednesday quoted Wiafe as saying that about 90 per cent of work on the in­frastructure upgrade, swaps and migration in the Greater Accra Region had been completed and that customers would see an improve­ment on voice and data services going forward.

GIK/APA

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