Accra, Ghana//- The MTN Group President and CEO, Ralph Mupita, today revealed that Africa’s leading telecom giant sees Ghana as an attractive destination for digital infrastructure investment.
According to him, part of their recent visit to Ghana was to “recommit the MTN Group position in terms of seeing Ghana as an attractive destination for investment in digital infrastructure”.
He made this known during a programme dubbed Time With Raph Mupita and the theme ‘ Leading Digital Solutions For Africa’s Progress’
Mr Mupita, joined by the Group’s Senior Vice President, Ebenezer Asante, told journalists and other stakeholders that they are very encouraged and pleased with what they’ve seen the MTN Ghana business do.
He said: “Over the last five years, we spent about $1 billion equivalent in capital expenditure. We even expend $1.1 billion now in the next three years”.
It was an acceleration of investment that excites us. We think there is an opportunity for digital inclusion and financial inclusion of significant”.
Mr Mupita was quick to add that they want to be seen by the Government of Ghana as a partner for progress within His Excellency President John Dramani Mahama’s vision for the country. So, part of the visit was to reaffirm that which is very important, he stated.
“The second is that we think about our strategy within the context of where the nation state is going. For Ghana, we need to tailor our own strategy around that. And we see two engines; the one which is the digital economy building out digital infrastructure”.
Mr Mupita explained that this year alone, the Group rolled out another 500 minimum new sites to deal with the quality of service and expand coverage.
On the mobile money side, “we have intent to provide more advanced services, and we spent a bit of time talking to the Bank of Ghana, the Governor and the broader team, particularly in fintech around our broad processes”.
The Group CEO thinks all of these things link to the Group’s strategy.
