MTN Ghana has announced a massive $1.1billion investment plan spanning the next three years to expand 5G rollout, fintech growth, and network infrastructure.
For 2026 alone, the telecommunications giant has earmarked $380 million to build 800 new network sites across the country, aiming at improving rural coverage and data speeds.
Addressing stakeholders during the media launch held at MTN House in Accra under the theme, “30 Years of Progress, Powered by You”, the Chief Executive Officer of MTN Ghana, Stephen Blewett, highlighted the significant contributions of the company in the past three decades to shaping the lives of millions of customers through connectivity.
Mr Blewett noted that over the past three decades, MTN Ghana has helped redefine communication and commerce in the country, moving society from an era of physical visits and delayed communication to one powered by mobile technology and digital connectivity.
He recounted the progress the company has made since the introduction of GSM services in 1996 with the rapid expansion of mobile connectivity in the country, stressing the transformational impact of Mobile Money since it’s introduction back in 2009.
He emphasized that the MoMo intervention has enhance economic inclusion and empowerment for millions of Ghanaian households, small businesses and operators in the informal sector.
“Today, millions of Ghanaians rely on Mobile Money every day. It supports households, businesses, agents and entire value chains. It is deeply woven into the fabric of Ghana’s economy and daily life” Mr. Blewett stated.
For his part, the Minister for Communication, Digital Technology and Innovations, Samuel Nartey George, commended the company on reaching the three-decade milestone, describing it as a significant achievement within Ghana’s evolving telecommunications sector.
He noted that the industry has transformed from limited fixed-line access in the 1990s into a modern, data-driven ecosystem with over 40 million subscriptions.
The Ningo Prampram Legislator further acknowledged MTN Ghana’s role in that transformation, citing its introduction of GSM technology, pioneering of Mobile Money services, and sustained investments in network expansion and digital infrastructure.
He also referenced the company’s recently announced US$1 billion network investment programme and its continued contribution as one of Ghana’s largest corporate taxpayers.
However, he stressed that MTN’s designation as a Significant Market Power (SMP) operator comes with heightened responsibility.
“That designation is not a criticism; it is a recognition of your scale. But it also means the public and the Ministry will hold MTN to a higher standard on pricing, quality of service, network availability, and transparency,” the Minister stated.
The sector Minister highlighted persistent consumer concerns, including the high cost of data, inconsistent network coverage in rural areas, dropped calls, and delays in resolving customer complaints. He urged the company to ensure that its ongoing investments translate into tangible improvements for consumers.
