More Africa NewsMTN plans to invest USD120m in South Sudan

October 13, 2021by myles0

MTN Group has announced plans to invest over USD120 million in its South Sudanese operations over the next three years. In a statement on its social media pages, MTN said it discussed ‘issues of mutual interest, including investment in digital infrastructure and services’ with South Sudan’s President Salva Kiir Mayardit. The statement also added that MTN South Sudan has recently received approval to begin providing mobile money services in the country.

TeleGeography’s GlobalComms Database states that MTN had a total of 1.94 million mobile subscriptions at the end of June 2021, making it South Sudan’s largest operator with a market share of 63.8%.

Source: Commsupdate

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