MTN Group will invest US$1.1 billion in Ghana over the next three years, its President and CEO, Ralph Mupita, has announced, as the telecoms company steps up infrastructure spending in one of its key markets.
Mr. Mupita disclosed the planned investment during a media interaction last Friday at the end of a three-day working visit to Ghana. He said the accelerated capital expenditure reflects the company’s confidence in its Ghana operations.
“We are going to accelerate capital investment within the business, US$1.1 billion equivalent over a three-year period to build robust infrastructure. Previously, we invested US$1 billion over five years. This acceleration demonstrates that Ghana remains a material operation for the Group,” he said.
The new investment marks a significant increase in spending compared to the previous five-year cycle, during which the company invested US$1 billion.
During his visit, Mr. Mupita met officials from the Bank of Ghana, the Ghana Investment Promotion Centre (GIPC) and the Ministry of Communications, Digital Technology and Innovations. Discussions focused on regulatory issues, investment and the company’s operations in the country.
He also met MTN Ghana’s management and staff and announced that the subsidiary has been elevated to “major subsidiary” status within the Group, a designation that underscores its strategic importance.
Senior Vice President of MTN Group, Ebenezer Asante, said the company intends to strengthen collaboration with government and regulators.
“We are not only here to talk about what we have done in the past, but to engage in solutioning, to explore what more we can do together and how we can partner on future opportunities,” he said.
MTN Ghana Chief Executive Officer Stephen Blewett said the company plans to roll out at least 500 new network sites by the end of 2026.
To illustrate the scale of the expansion, Mr. Blewett noted that the company built 50 sites in 2025 and between 25 and 30 sites in 2024.
“Now, we are moving to 500 sites in a single year. And why are we doing that? Because it gives a better quality of service to our customers,” he said.
The planned rollout represents one of the largest single-year network expansions by the company in Ghana.
Source: www.kumasimail.com
