MTN Uganda outlines 2016 investment plans

15 Mar 2016

Uganda’s largest mobile operator by subscribers, MTN, has unveiled plans to invest UGX238 billion (USD65 million) in 2016 on upgrading and expanding its networks. The firm says it is looking to deploy 200 additional 3G sites and another 100 4G LTE base stations, as well as 400km of fibre backbone network. According to a report from local newspaper The Independent, the cellco also plans to connect 87 new sites to its fibre infrastructure by year end and complete the construction of a new headquarters building.

MTN Uganda reported revenues of UGX1.33 trillion in 2015, up 5% from UGX1.27 trillion the year before, with mobile data services bringing in 28.3% of the total. MTN’s customer base decreased by 14% in 2015 to 8.9 million, with the fall attributed to the disconnection of 3.7 million unregistered user accounts.

Uganda, MTN Uganda