{
  "id": 14634443,
  "title": "MTN Ghana to invest $1.1bn over three years, deploy 500 new sites in 2026",
  "url": "https://urgent.news/2026/10/15/mtn-ghana-to-invest-1-1bn-over-three-years-deploy-500-new-sites-in-14634443",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-15T07:02:11.000Z",
  "source": {
    "name": "Joy Business",
    "slug": "joy-business",
    "url": "https://www.myjoyonline.com/mtn-ghana-to-invest-1-1bn-over-three-years-deploy-500-new-sites-in-2026/"
  },
  "original_language": "en",
  "account": "MTN Ghana has announced plans to invest US$1.1 billion over the next three years to bolster its network infrastructure, with 500 new cell sites to be deployed across the country in 2026. This investment, revealed at a stakeholder forum in Wa during a commemoration of the company's 30-year presence in Ghana, is expected to enhance network capacity and resilience. A significant portion of the funding, approximately US$380 million, will be allocated to 2026 alone.\n\nCurrently, MTN Ghana serves more than 32 million subscribers. Joseph Dogbe, the company's Chief Risk and Compliance Officer, emphasized the importance of this expansion for economic and social advancement. He noted that the last three decades have seen MTN transition from merely providing connectivity to fostering economic and social opportunities, particularly with the growth of Mobile Money (MoMo). In the first half of 2026, MoMo's transaction value surged by 44.4% year-on-year, with active users increasing by 3.1% and transaction volumes rising by 23.3%.\n\nDogbe underscored the significance of cybersecurity and data privacy in maintaining customer trust as digital financial services become more prevalent. Despite the impressive financial growth, the company remains committed to social responsibility. In the first half of 2026, MTN Ghana recorded a 32.3% increase in service revenue, reaching GH¢15 billion, with EBITDA up by 47.1% to GH¢9.3 billion and profit after tax growing by 46.8% to GH¢5.1 billion. The company also paid out GH¢5.6 billion in taxes and levies.\n\nBeyond its core telecommunications business, MTN Ghana is actively engaged in various community development initiatives. The MTN Ghana Foundation and other internal programs focus on education, digital skills, and community empowerment. The MTN Skills Academy aims to train 100,000 young people in digital skills, while the Bright Scholarship Scheme has assisted over 1,200 students with educational expenses. The Heroes of Change initiative has seen its top prize nearly quadruple, from GH¢100,000 to GH¢400,000, with additional awards for sustainability and digital innovation.\n\nMTN's commitment to sustainability extends to its operations in the Upper West Region, where it has improved water, sanitation, and hygiene facilities at Wa Catholic Primary School through its 21 Days of Y’ello Care initiative. Additionally, the company is organizing DigiFest 2026, a digital skills-building event for media professionals and civil society groups, as well as digital skill workshops for SMEs. In reflecting on the company's 30-year journey, MTN has expanded its Customer Service Week into a month-long dedication. Dogbe highlighted that while the financial performance is a testament to the company's strength, it is the ongoing investment in people, community, and sustainable practices that truly matter.",
  "summary": "MTN Ghana plans to invest US$1.1 billion over the next three years to expand and strengthen its network, including deploying 500 new cell sites nationwide in 2026. The company’s Chief Risk and Compliance Officer, Joseph Dogbe, announced the investment at a stakeholder forum in Wa as MTN marks 30 years of operations in Ghana. He […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "MyJoyOnline Ghana",
        "title": "MTN Ghana to invest $1.1bn over three years, deploy 500 new sites in 2026",
        "url": "https://urgent.news/2026/10/15/mtn-ghana-to-invest-1-1bn-over-three-years-deploy-500-new-sites-in",
        "published": "2026-10-15T07:02:11.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}