MTN’s significant investment in its South African network has led to impressive performance, surpassing competitors like Vodacom. With CEO Ralph Mupita’s announcement of R41.1 billion capital expenditure to support their Ambition 2025 strategy, MTN has demonstrated a commitment to enhancing network infrastructure. The investment, which included upgrades with advanced batteries and generators, has notably improved MTN South Africa’s network resilience and availability, achieving a remarkable 95% network availability ahead of schedule.
Investors looking to capitalize on MTN’s growth and performance should consider adding MTN shares to their investment portfolio on the JSE.
Read the full article on the Daily Investor.