BUSINESS TECHNOLOGY MEDIA FOR AFRICA

MTN Rwanda reports significant gains on 4G expansion

By Rwandan correspondent
Johannesburg, 01 Jul 2024
Mapula Bodibe, MTN Rwanda CEO.
Mapula Bodibe, MTN Rwanda CEO.

MTN Rwanda reached 4G population coverage of 84.5% nearly a year after getting its 4G licence.

Mapula Bodibe, MTN Rwanda CEO, announced this at the just ended 2024 Annual General Meeting (AGM).

"We are approaching the one-year mark since obtaining our 4G license, which has enabled us to significantly increase digital access and improve the internet user experience across the country," she informed the delegates.

The license was obtained in July 2023.

To further accelerate the operator's expansion, Bodibe stated that MTN Rwanda was exploring strategic alliances and aligning with the government's digital services policy to enable connectivity and access for all.

Faustin Mbundu, chairperson of the MTN Rwanda board of directors, stated that despite macroeconomic headwinds, the company has exhibited resilience and achieved strong economic growth.

He said their 2023 Integrated Report showcased strong performance, tremendous community impact, and forward-thinking strategic initiatives.

"We remain dedicated to our Ambition 2025 strategy, aiming to build the largest and most valuable platforms and to lead digital solutions for Rwanda's progress," said Mbundu.

MTN is the leading operator in the East African country, with an estimated 7 million users and a 62% market share as of July 2023.

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