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MTN Ghana to invest $1.1 billion in its network

By , based on Business Day Ghana

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MTN Ghana plans to invest $1.1 billion over three years to expand its network, including $380 million in 2026. The operator will also deploy 500 new cell sites this year to improve national coverage, its managing director David Gyimah Boadi announced in Koforidua.

MTN Ghana will invest $1.1 billion over the next three years to expand its network, improve service quality and extend coverage to underserved communities, David Gyimah Boadi, MTN Ghana’s managing director, announced on Monday 26 October, according to Business Day Ghana.

The Ghanaian subsidiary of the telecommunications group plans to allocate about $380 million to these investments in 2026 and deploy 500 new cell sites in the country this year. David Gyimah Boadi said MTN Ghana aimed to increase its network’s capacity and resilience in response to growing demand for digital services, Business Day Ghana reports.

MTN Ghana has also awarded 500 scholarships in 2026 through its foundation. Its MTN Skills Academy is also training more than 100,000 young people in digital, financial and professional skills. The company recorded a 32.3% increase in service revenue in the first half of the year, to 15 billion Ghanaian cedis, according to its managing director.

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