MTN invests $35 million in network expansion and upgrades

MTN has invested US$35 million towards network upgrades and expansion in the KwaZulu-Natal province this year. It has also allocated resources towards rebuilding informal shops that were destroyed during the unrest in the province in July. The multi million dollar investment is part of its network modernization of South Africa project (MONZA).

MTN invests $35 million in network expansion and upgrades

The investment will see an upgrade and expansion of network infrastructure throughout the province. This year’s investment is almost double compared to previous year to achieve long-term evolution (LTE or 4G) coverage of 92 percent throughout the province.

“Our strategy is on track to deliver accelerated growth over the next two-and-a-half years in the KZN region by optimizing key nodes, modernization, investment, further LTE rollout and 5G expansion,” said Matthew Khumalo, MTN General Manager: KwaZulu-Natal. The investment will allow MTN to further expand its 5G network in the region.