MTN’s Ghana, Uganda operations shine in full year performance

The telco is seeing growth in fibre-to-the-home, 4G adoption as well as usage of its MoMo services.

The telco launched 4G-enabled smartphone, IKOSORA+, as part of the Connect Rwanda 2.0 campaign during a ceremony in Kirehe.

The company upgraded 3,241 cell sites to solar and lithium-ion battery storage as the primary power source and connected 2,329 sites to grid power, moving away from diesel generators.

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MTN Uganda reported that its workforce is now made up of 51% female workforce, ahead of its 2025 target.

The appointments took effect in September last year, and MTN stated at the time that the step ensures the telecom provider actively supports gender diversity.

MTN Rwanda and MTN Uganda generated strong performances, strengthening their market positions in their respective countries

As the demand for high-quality services grows, the telco is the latest to expand its network in East Africa.

Following the government’s nixing of a monopoly licensing deal, the mobile operators received modified licenses, enabling them to upgrade their networks.

The partnership is aimed at widening access to smartphones across Rwanda and accelerating the country’s digital agenda.

Mobile Money subscribers increased by 17.2% year-on-year to 4.4 million, service revenue surged by 14.9% to Rwf 58.4 billion.