In order to improve and upgrade its network in the country, MTN Group is investing $120 million in South Sudan over the next three years.
The information was communicated during a courtesy call by both Mcebisi Jonas, MTN Group chairman and MTN Group CEO Ralph Mupita to the South Sudanese President Salva Kiir, while discussing many common issues related to the digital development of South Sudan and ways to improve MTN services in the country and especially in rural areas.
In addition, MTN Group plans to improve broadband access in Nigeria, through investment in 4G and 5G, once the licenses are delivered and has also recently received approval to begin mobile money operations in South Sudan.
According to Hootsuite and We Are Social’s digital report 2021, South Sudan is witnessing a mobile deployment rate of 23.1% compared to 8% for the internet. Noting that the country’s telecom market still has many opportunities to offer in the voice and data segments as well as in mobile money.
It’s noteworthy that MTN Group was adjudged for the second year in a row, the most valuable African brand in the Brand Finance Africa 150 rankings.