MTN Group is channelling $2bn each year into upgrading its networks, a steady push to shift from 3G to 5G and widen coverage across Africa, Group President and CEO Ralph Mupita said.
The $2bn capital expenditure, a figure Mupita detailed, funds network refreshes, more capacity, and connections for underserved pockets, stretching further as tech prices dip through cycles.
“We’ve been able to buy more with that envelope,” he told Bloomberg…
Read the full article here
