MTN subscriber growth exceeds targets

MTN Group

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From PHYLLIS BIRORI in Kigali, Rwanda
KIGALI, (CAJ News) – MTN Rwanda has announced that it has exceeded four million subscribers as of September 1.

MTN Rwanda Chief Executive Officer, Gunter Engling, said they had exceeded expectations.

“Each person at MTN was focused on reaching this milestone before the end of the third Quarter. By hitting this milestone, MTN Rwanda has maintained and cemented its position in the market both in terms of market share and value share.”

Engling thanked MTN subscribers for their loyalty to the network over the years as well as the dedication of staff in making this goala reality.

“We are grateful to our subscribers, the Government and the regulator as well as our technology partners for their support and having the confidence in our staff who help drive the success of MTN Rwanda.”

He said MTN’s accomplishments would not have been possible without the heartfelt commitment and unified efforts of our dedicated staff and management.

“I thank them for their continuous commitment.”

Starting out as an exclusive GSM network providing Voice and Short Message System (SMS) services in 1998, MTN’s portfolio has exponentially grown to include mobile and fixed data, Mobile Money services, Enterprise solutions and other Value Added Services.

With a footprint that is covered by 3.75G and EDGE networks as well as an extensive Fiber network, the company continues to invest heavily in infrastructure to expand its capacity and coverage across the country which stands at 99,9 percent.

According to Rwanda Utilities and Regulatory Agency (RURA) July 2015 report, Rwanda’s mobile penetration rate was at 72,6 percent with over 8,1 million subscribers.

-CAJ News

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Posted by on Sep 3 2015. Filed under Africa & World, Broadband, Featured, Finance, Finance & Banking, Mobile & Telecoms, National, Regional, Technology. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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