Africa Business News
MTN cuts network investments in South Africa
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:01:15
- More information
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Synopsis
MTN is cutting back on network investments in South Africa, reducing its core network investments by $225 million in 2025 which brings its budget to between $313 million and $367 million about 19% of the group’s total capital expenditure. The company says its network has enough capacity and that it needs to see returns on the $247 million it spent on its network resilience during load-shedding. MTN’s move in South Africa is surprising because MTN Nigeria, its subsidiary business—which lost its spot as the group’s top revenue generator in 2024 owing to losses—is taking a different approach. Instead of cutting back, the telecom operator is increasing investment in its core network in Nigeria where it controls more than half of the market share. Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.