MTN targets R18bn revenue from Africa’s fibre market

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MTN Group has multi-pronged approach to conquer African market through digital wholesale and infrastructure services firm MTN GlobalConnect connectivity MTN

MTN Group has set its sights on the bulging broadband market across Africa, aiming to rollout a total of 135 000km of proprietary fibre by 2025, and generate up to $1 billion revenue per annum.

The company says accelerating the pace of investments in digital infrastructure in Africa will be critical to ensure the growth of Africa's economies and livelihoods for years to come.in Cape Town last week, tells ITWeb in an interview that the company is upping its investment in fixed infrastructure. It has partnered with leading carriers, hyperscalers and telecoms service providers to further African connectivity, he noted.

The company has direct tier one level investments in the WACS and ACE cables on the west coast of Africa, and EIG and EASSy cables on the east. “As a business, we are actively filling the gap with the rollout of our network infrastructure , building railroads around Africa to advance network coverage, enabling our Y’elloConnect communication platforms, which underpin our wholesale mobility business role in creating future digital economies,” says Schepens.

“We offer an array of digital connectivity services through our signalling, voice, messaging and roaming communication platforms. We are fortunate to have access to such a large customer base and to be able to design solutions for our partners to reach this substantial population. “Sub-Saharan is also the world’s largest free trade area. According to a GSMA prediction, we will have 623 million mobile subscribers in 2025, compared to 456 million in 2018. We need to provide the infrastructure Africa needs in the future to live a modern, connected life.

 

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