We believe 5G investment underscores our commitment to sustaining network quality, supporting Ghana’s growing digital connectivity – MTN

MTN Ghana is finalising the necessary steps and payments required to acquire a 5G license. The telecommunications company recently disclosed in its Q3 2026 financial report that the US$202 million spectrum acquisition has been factored into its free cash flow outlook. As a result, the payment for the license does not impact MTN's outlook for 2026 in terms of free cash flow and dividends.

In its latest financial report, MTN Ghana highlighted the significance of obtaining the 5G spectrum license, stating that it demonstrates their commitment to maintaining network quality and building the necessary capacity to meet Ghana's increasing digital connectivity needs. The company received approval from the National Communications Authority (NCA) for spectrum in the 700 MHz and 3 GHz bands, specifically 2×20 MHz in the 700 MHz band and 1×150 MHz in the 3 GHz band. This license is valid for 15 years.

MTN Ghana believes that the newly acquired spectrum will enhance their ability to support the rollout of 5G services, improve service quality, and better meet the rising demand for high-speed connectivity and data-centric services in Ghana. The additional capacity will also bolster their Home broadband proposition, enabling them to extend high-speed connectivity to more households and expand their market share in the home broadband sector.

The company expressed gratitude for the ongoing support of its shareholders, regulators, and other stakeholders as it invests in Ghana's telecommunications infrastructure.