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MTN cutting network investments in South Africa
MTN plans to spend between R5.7 billion and R6.7 billion on capital expenditure in South Africa to bolster its competitiveness within the prepaid market segment.
This is 19% of the MTN Group's total capex and between R3.1 billion and R4.1 billion less than it spent in South Africa during its past financial year. MTN recently released its financial results for the year ending 31 December 2024.
MTN plans to spend between R5.7 billion and R6.7 billion on capital expenditure in South Africa to bolster its competitiveness within the prepaid market segment.
This is 19% of the MTN Group's total capex and between R3.1 billion and R4.1 billion less than it spent in South Africa during its past financial year. MTN recently released its financial results for the year ending 31 December 2024.