MTN Group Commits $1.1bn to Ghana, Elevates MTN Ghana to Major Subsidiary Status

MTN Group Commits $1.1bn to Ghana, Elevates MTN Ghana to Major Subsidiary Status

The President and Chief Executive Officer of MTN Group, Ralph Mupita, has reaffirmed the telecom giant’s long-term confidence in Ghana, announcing a fresh US$1.1 billion investment to be deployed over the next three years.

The announcement was made at a media engagement to climax Mr. Mupita’s three-day strategic working visit to Ghana, where he held high-level meetings with government officials, regulators and industry stakeholders.

According to him, the new capital injection represents an accelerated investment strategy compared to previous years.

“Over the last five years, we invested US$1 billion in Ghana. We are now committing US$1.1 billion within a shorter three-year period to strengthen infrastructure and enhance service delivery. This clearly demonstrates our confidence in Ghana as a priority market,” Mr. Mupita stated.

*MTN Ghana Elevated*

In a major corporate development, MTN Ghana has been elevated to a major subsidiary status within the MTN Group structure-a recognition of its performance, scale and strategic relevance within the multinational’s African operations.

The move is expected to position Ghana more prominently in MTN’s continental growth and digital innovation agenda.

*500 New Network Sites Targeted*

Chief Executive Officer of MTN Ghana, Stephen Blewett, disclosed that the company will construct at least 500 new network sites by the end of 2026 to improve coverage and service quality nationwide.

He indicated that the expansion marks a significant scale-up compared to previous years, noting that approximately 25-30 sites were built in 2024, while 50 sites were delivered in 2025.

“Moving to 500 sites in a single year reflects our determination to significantly enhance network resilience and customer experience,” Mr. Blewett explained.

*Strategic Engagements*

As part of the visit, Mr. Mupita called on key state institutions, including the Bank of Ghana, the Ghana Investment Promotion Centre, and the Ministry of Communications, Digital Technology and Innovations.

The discussions focused on regulatory collaboration, digital infrastructure development, financial technology growth and youth empowerment initiatives aligned with Ghana’s national development framework.

Senior Vice President of MTN Group, Ebenezer Asante, underscored the need for sustained cooperation between the private sector and government to unlock new opportunities in Ghana’s evolving digital ecosystem.

*Commitment to Ghana’s Digital Future*

Mr. Mupita’s visit reinforces MTN’s commitment to supporting Ghana’s digital transformation agenda and strengthening its role as a leading provider of connectivity and digital solutions across Africa.

With a $1.1 billion investment pipeline, expanded infrastructure rollout and enhanced subsidiary status, MTN Ghana is poised to deepen its contribution to national development while improving customer experience and network reliability.