MTN Ghana pins hopes on data
MTN Ghana is focusing on growing its data revenues in Ghana, and aims to connect to the WACS undersea cable soon, as part of this focus.
MTN Ghana CEO Michael Ikpoki says its network will be integrated with the West Africa Cable System (WACS) by April this year to ensure it delivers the fastest possible broadband.
He noted MTN had invested USD90 million in the WACS cable and was building data centres across the country because it saw great opportunity in the mobile data market.
According to the group’s latest annual financial results, MTN Ghana increased its subscriber numbers by 16.5% to 10.2 million.
This was mainly attributable to attractive promotions including bonus on recharge. Data revenue (excluding sms) continued to gain tractionincreasing 79,7%, while sms revenue decreased 43,4% due to regulatory requirements to change sms promotions.