MTN expansion plans focussed on deregulated African markets

18 Sep 2008

South Africa’s Mobile Telecommunication Network (MTN) spokesperson Nozipho January-Bardill said on Tuesday that the operator will focus on investment in Africa and take advantage of the ongoing deregulation of the telecoms industry in many countries. January-Bardill said, ‘In line with the vision to be the leader in telecommunications in the emerging markets, we are continuously seeking value enhancing opportunities that meet the company’s investment criteria in existing and new territories’.

MTN has recently acquired Verizon Business South Africa which provides internet services to corporate clients in Botswana, Kenya, Namibia, South Africa and Zambia, and made similar purchases in Nigeria, Cote d’Ivoire and Cameroon. MTN already operates in 16 African countries, including Ghana, Nigeria, Uganda and Zambia.

South Africa, MTN Group